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Boston Post Road Mixed Use 1283 Boston Post Rd 7,846 SF 100% Leased Retail Building Westbrook, CT 06498 $1,849,594 CAD ($235.74 CAD/SF) 8.11% Cap Rate

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EXECUTIVE SUMMARY

1283 Boston Post Road consists of a 7,375 SF mixed-use building with a second-floor residential unit sited on .16 acres. Constructed in 1925 and has undergone renovations including a new roof in 2023. Unique opportunity to acquire this fully leased, well maintained, multi-tenanted building in an excellent Route 1 location.
High Visibility Location
Substantial Annual Increases
NOI: 107,510
CAP Rate: 8%
Long Term Leases
Building: 7,375 SF
Year Built: 1925
Lot Size: .16 Acres
Zone: CTC
New Roof—2023

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,846 SF
Building Class
C
Year Built
1925
Price
$1,849,594 CAD
Price Per SF
$235.74 CAD
Cap Rate
8.11%
NOI
$150,075 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.16 AC
Zoning
CTC
Parking
17 Spaces

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Greenbrier Building & Restoration
  • Construction
  • -
  • -
  • -
  • Waste Management and Remediation Services
  • -
  • -
  • -

PuroClean is a leader in property emergency services, specializing in Water & Fire Damage Restoration, Mould Remediation, Biohazard Cleanup and Emergency work. Serving numerous residential and commercial communities within Canada, their main concern is meeting the needs of the customer and eliminating the problem in the most efficient manner possible. PuroClean has quickly earned the reputation of “The Paramedics of Property Damage™”, as they are willing to go above and beyond to rescue damaged properties. PuroClean strives for excellence in all of the work that they preform, pledging to do whatever it takes to respond, restore, and rescue properties in their community.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Greenbrier Building & Restoration Construction - - -
Waste Management and Remediation Services - - -

NEARBY MAJOR RETAILERS

Citizens Bank
Westbrook Toyota
CrossFit
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WBRO-000177-000000-000150
Land Assessment
$198,394 CAD
Improvements Assessment
$152,131 CAD
Total Assessment
$350,525 CAD
  • Listing ID: 38404457

  • Date on Market: 2025-11-11

  • Last Updated:

  • Address: 1283 Boston Post Rd, Westbrook, CT 06498

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