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3 Commercial assets for sale 3 Properties Offered at $2,289,886 CAD in Plainville, CT
Investment Highlights
- 4 Commcerial and 4 Residential Units
- Diversified commercial tenant mix
- Townhouse-style residential units (2 bed / 2.5 bath)
- Strong location with access to I-84, Route 72 & Hartford MSA
Executive Summary
Alpha Capital Realty is pleased to present 57–59 Whiting Street, a mixed-use investment opportunity located in the heart of Plainville, Connecticut. The asset consists of three separate buildings situated on approximately 0.71 acres, totaling eight units comprised of four residential townhomes and four commercial spaces.
The property is offered at an asking price of $1,650,000 and features a strong in-place Net Operating Income of $103,239, with the ability to increase to approximately $129,138 through rent growth and operational improvements.
The residential component includes four townhouse-style units, each offering two bedrooms and two-and-a-half bathrooms with modern finishes, hardwood flooring, and fully separate utilities and water metering. This structure significantly reduces landlord expense exposure and enhances operational efficiency.
The commercial component consists of four service-oriented tenants, including a hair salon, office space, Pilates studio, and beauty studio. These tenants provide stable, diversified income supported by consistent local demand and foot traffic within a well-established commercial corridor.
The asset benefits from its mixed-use composition, offering diversified income streams across both residential and commercial sectors while reducing reliance on any single tenant type. The presence of three independent buildings further enhances flexibility and reduces concentration risk.
Strategically located along Whiting Street, the property is surrounded by dense residential neighborhoods and neighborhood-serving retail, supporting long-term tenant demand. The location provides convenient access to major roadways, including I-84 and Route 72, with proximity to Hartford, Farmington, and Bristol employment hubs.
57–59 Whiting Street presents a compelling opportunity for investors seeking a stabilized, income-producing mixed-use asset with strong fundamentals, low residential expense burden, and clear upside through rent growth, lease restructuring, and long-term repositioning.
For additional information or to receive the Offering Memorandum, please see in the secure information section and request.
The property is offered at an asking price of $1,650,000 and features a strong in-place Net Operating Income of $103,239, with the ability to increase to approximately $129,138 through rent growth and operational improvements.
The residential component includes four townhouse-style units, each offering two bedrooms and two-and-a-half bathrooms with modern finishes, hardwood flooring, and fully separate utilities and water metering. This structure significantly reduces landlord expense exposure and enhances operational efficiency.
The commercial component consists of four service-oriented tenants, including a hair salon, office space, Pilates studio, and beauty studio. These tenants provide stable, diversified income supported by consistent local demand and foot traffic within a well-established commercial corridor.
The asset benefits from its mixed-use composition, offering diversified income streams across both residential and commercial sectors while reducing reliance on any single tenant type. The presence of three independent buildings further enhances flexibility and reduces concentration risk.
Strategically located along Whiting Street, the property is surrounded by dense residential neighborhoods and neighborhood-serving retail, supporting long-term tenant demand. The location provides convenient access to major roadways, including I-84 and Route 72, with proximity to Hartford, Farmington, and Bristol employment hubs.
57–59 Whiting Street presents a compelling opportunity for investors seeking a stabilized, income-producing mixed-use asset with strong fundamentals, low residential expense burden, and clear upside through rent growth, lease restructuring, and long-term repositioning.
For additional information or to receive the Offering Memorandum, please see in the secure information section and request.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $2,289,886 CAD | Number of Properties | 3 |
| Price / SF | $264.36 CAD / SF | Individually For Sale | 1 |
| Cap Rate | 6.26% | Total Building Size | 8,662 SF |
| Sale Type | Investment or Owner User | Total Land Area | 2.13 AC |
| Status | Active |
| Price | $2,289,886 CAD |
| Price / SF | $264.36 CAD / SF |
| Cap Rate | 6.26% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 1 |
| Total Building Size | 8,662 SF |
| Total Land Area | 2.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 57 Whiting St, Plainville, CT 06062 | Multifamily | 4,800 SF | 2008 | - |
| 59 Whiting St, Plainville, CT 06062 | Office | 1,802 SF | 1850 | - |
| 59 Whiting St, Plainville, CT 06062 | Retail | 2,060 SF | 2013 | $2,289,886 CAD |
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