Current Use by Public Records
- June Mathieu Lcsw / Physician
- Family Counseling Center / Counselor
- Hearing Aid & Audiology Associates / Medical Clinic
- Dr. Peter J. Rosenberg, MD / Physician
- Jack Gregory B / Counselor / Doctor
Property Details for 50 Academy Hill Rd
- Year built
- 1998
- Lot size
- 1.08 lot acres
- Property type
- Office Spaces
- Property subtype
- Office Units
Description
This exceptional two-story, 7,088 square foot commercial office building, situated on a 1.08-acre lot in Plainfield, CT (06374), presents a compelling investment opportunity. Built in 1998, the property features two buildings with five units, offering a mix of traditional, medical, and creative office spaces. Currently boasting a 90% occupancy rate with high-quality tenants including Re/Max Realty and Allstate Insurance, this property provides a stable income stream. The property's strategic location, just one mile from a newly built Amazon warehouse and a half-mile from a major highway, ensures high visibility and accessibility. The asking price is $674,900, representing a pro forma 10% cap rate. The property includes ample on-site parking and is zoned C2. The well-maintained building offers flexible space adaptable to various business needs, making it an ideal investment for long-term growth. The property's features include modern design, professional landscaping, and attention to detail. This is a prime commercial real estate investment in a high-demand market. The property's Asset Property Number (APN) is 01P 0056 0045. All information is deemed reliable but should be independently verified.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plainfield
- County
- Windham
- State
- Connecticut
- Longitude
- -71.9121
- Latitude
- 41.6857
