166 Woodford Ave Plainville, CT 06062
This exceptional value-add opportunity presents a 3-unit, mixed-use building ideally situated at 166 Woodford Avenue in Plainville, Connecticut, 06062. The property boasts a total of 3,603 square feet across two buildings, each two stories high, and sits on a 0.15-acre lot. Currently 100% occupied, the property generates a net operating income (NOI) of $40,000 annually. The building features three tenants: a restaurant and an embroidery shop on the ground floor, and a two-bedroom apartment on the second floor, providing a diverse income stream. The property benefits from a prime location on Woodford Avenue, experiencing nearly 10,000 vehicles daily, with over 40 feet of street frontage. Ten on-site parking spaces are available for tenants and customers. Built in 1942, the property is zoned GC and offers a stabilized investment opportunity with a modified lease structure. Serious offers are encouraged
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Plainville, CTPlainville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.