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1-21 Whiting St
Plainville, CT 06062
Retail Property For Sale
EXECUTIVE SUMMARY
Prime Investment Opportunity in Downtown Plainville! Welcome to 1 Whiting Street, a premier mixed-use property in the heart of Plainville. This building features ten one-bedroom apartments, two studio apartments, and ten storefront retail spaces, generating an impressive $199,106 in net annual income. Situated directly across from the Town Hall and a planned 200-unit apartment complex, this property boasts unparalleled visibility and accessibility, with steady foot traffic and a prime position in Plainville's growing downtown. The blend of residential and retail units makes this an ideal investment for stable cash flow and long-term growth potential. Don't miss this rare chance to own a vibrant piece of Plainville's future!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,412 SF
Building Class
C
Year Built
1895
Price
$2,750,000
Price Per SF
$205.04
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.64 AC
Zoning
CC - Commercial
Parking
15 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | PLAI-000028-F000000-000002 | Improvements Assessment | $662,410 |
| Land Assessment | $81,340 | Total Assessment | $743,750 |
PROPERTY TAXES
Parcel Number
PLAI-000028-F000000-000002
Land Assessment
$81,340
Improvements Assessment
$662,410
Total Assessment
$743,750
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