Share This Listing

Message

928 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Stable, long term retail strip anchored by neighborhood operators operating on long term leases expiring in 2039 and 2040
  • Compelling value add retail opportunity with the vacant unit available for immediate lease up or owner occupancy
  • Flexible zoning located in CA zone allowing for a wide variety of current and potential uses
  • Meaningful upside in the residential unit featuring a 1,600 square foot 2 bedroom apartment
  • Property is in excellent condition and features 400 amp electric service with 3-phase power, upgraded roofing and HVAC and resealed parking lot
  • Owner is open to discussing seller financed offers

Executive Summary

Baldwin Pearson & Co., Inc. is pleased to exclusively offer for sale 570 Honeyspot Road, Stratford, CT — a premier mixed-use investment opportunity located in one of Stratford’s most established and heavily trafficked retail corridors. Positioned on a prominent corner at Honeyspot Road and Moffitt Street, just off Interstate 95, the property features three street-level retail units with strong visibility and parking, plus a spacious, renovated two-bedroom, one-bathroom apartment above. The retail tenancy provides exceptional income stability, with the asset anchored by one of Stratford’s oldest liquor stores, continuously occupied since 1958, and a well-established restaurant, both operating on extremely long leases, underscoring the strength of the location. The third retail unit is currently vacant, presenting immediate lease-up or owner-user upside at market rents.
The residential component consists of a 1,650 SF renovated apartment that is currently rented well below market rent, offering meaningful income growth potential. With stable in-place cash flow, mark-to-market opportunity, and prime corner positioning, 570 Honeyspot Road represents a rare value-add investment in Fairfield County. 570 Honeyspot Road offers investors a compelling blend of stable cash flow, embedded upside, and long-term tenancy in a supply-constrained Fairfield County market.

Attachments

570 Honeyspot OM

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $216,208 $34.81
Other Income - -
Vacancy Loss $10,811 $1.74
Effective Gross Income $205,397 $33.07
Taxes $20,507 $3.30
Operating Expenses $18,593 $2.99
Total Expenses $39,099 $6.30
Net Operating Income $166,298 $26.77

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $216,208
Annual Per SF $34.81
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $10,811
Annual Per SF $1.74
Effective Gross Income (CAD)
Annual $205,397
Annual Per SF $33.07
Taxes (CAD)
Annual $20,507
Annual Per SF $3.30
Operating Expenses (CAD)
Annual $18,593
Annual Per SF $2.99
Total Expenses (CAD)
Annual $39,099
Annual Per SF $6.30
Net Operating Income (CAD)
Annual $166,298
Annual Per SF $26.77

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,211 SF
Building Class
B
Year Built/Renovated
1957/2021
Price
$1,866,092 CAD
Price Per SF
$300.45 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
CA
Parking
25 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
200’ on Honeyspot Road
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Somewhat bikeable
30/100

Nearby Major Retailers

Sunbelt Rentals
Duchess Restaurant
Santander
TD Bank

Property Taxes

Property Taxes

Parcel Number
STRA-000306-000007-000009
Land Assessment
$210,093 CAD (2025)
Improvements Assessment
$401,373 CAD (2025)
Total Assessment
$611,466 CAD (2025)
Annual Taxes
$20,507 CAD ($3.30 CAD/SF)
Tax Year
2026
  • Listing ID: 39710166

  • Date on Market: 2026-03-09

  • Last Updated:

  • Address: 570 Honeyspot Rd, Stratford, CT 06615

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}