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59 Whiting St
Plainville, CT 06062
3 Commercial assets for sale · Propriété À vendre
·
8 662 pi² Total
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Faits saillants de l'investissement
- 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
Résumé de l'annonce
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.
Faits sur la propriété
| Prix/pi² | 264,89 $ CAD / pi² | Nombre de propriétés | 3 |
| Taux de capitalisation | 6,26% | Individuellement en vente | 1 |
| Type de vente | Investissement ou propriétaire utilisateur | Taille totale du bâtiment | 8 662 pi² |
| Statut | Actif | Superficie totale du terrain | 2,13 AC |
| Prix/pi² | 264,89 $ CAD / pi² |
| Taux de capitalisation | 6,26% |
| Type de vente | Investissement ou propriétaire utilisateur |
| Statut | Actif |
| Nombre de propriétés | 3 |
| Individuellement en vente | 1 |
| Taille totale du bâtiment | 8 662 pi² |
| Superficie totale du terrain | 2,13 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 59 Whiting St, Plainville, CT 06062 | Bureau | 1 802 pi² | 1850 | - |
| 59 Whiting St, Plainville, CT 06062 | Commerce de détail | 2 060 pi² | 2013 | 2 294 457 $ CAD |
| 57 Whiting St, Plainville, CT 06062 | Immeuble residentiel | 4 800 pi² | 2008 | - |
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