For Sale
$674,900

50 Academy Hill RdPlainfield, CT 06374

7,088 SF Office Building, 5 Units

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional two-story, 7,088 square foot commercial office building, situated on a 1.08-acre lot in Plainfield, CT (06374), presents a compelling investment opportunity. Built in 1998, the property features two buildings with five units, offering a mix of traditional, medical, and creative office spaces. Currently boasting a 90% occupancy rate with high-quality tenants including Re/Max Realty and Allstate Insurance, this property provides a stable income stream. The property's strategic location, just one mile from a newly built Amazon warehouse and a half-mile from a major highway, ensures high visibility and accessibility. The asking price is $674,900, representing a pro forma 10% cap rate. The property includes ample on-site parking and is zoned C2. The well-maintained building offers flexible space adaptable to various business needs, making it an ideal investment for long-term growth. The property's features include modern design, professional landscaping, and attention to detail. This is a prime commercial real estate investment in a high-demand market. The property's Asset Property Number (APN) is 01P 0056 0045. All information is deemed reliable but should be independently verified.

Highlights

  • Highly visible corner location with excellent street frontage.
  • Prime retail space in a thriving, densely populated area.
  • Strong tenant mix with established businesses creating a vibrant atmosphere.
  • Ample on-site parking for customers and employees.
  • Modern building systems and efficient floor plans.
  • Flexible lease terms available to suit tenant needs.

Property Details for 50 Academy Hill Rd

Property type
Office properties, Office space
Square Feet
7,088 SF
Year Built
1998
Buildings
2
Stories
2
Lot Size (sq. ft)
47,045 SF
Units
5

Location Insight

City
Plainfield
County
Windham
State
Connecticut
Latitude
41.6857253
Longitude
-71.9121322
50 Academy Hill Rd, Plainfield, Connecticut

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50 Academy Hill Rd
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