50 Academy Hill RdPlainfield, CT 06374

Property Details for 50 Academy Hill Rd

Year built

1998

Lot size

1.08 AC

Property size (Sq ft)

7,088 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

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.

Location Insight

City

Plainfield

County

Windham

State

Connecticut

Latitude

41.6857

Longitude

-71.9121

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