7 Washington StPlainville, CT 06062

Property Details for 7 Washington St

Year built

1988

Construction

FRAME

Lot size

1.29 AC

Property size (Sq ft)

14,208 SF

Zone code

FC

Property type

Healthcare properties

Property subtype

Medical offices

APN

PLAI M:25 B:F L:26

APU

PLAIM25BFL26

Description

This single-story, 14,400-square-foot medical and traditional office building in Plainville, CT, is available for lease. The property, built in 1988, sits on a 1.29-acre lot and features 65 parking spaces. The entire building is currently vacant and can be leased as a whole or subdivided into 7,200-square-foot units, offering flexibility for various tenants. The building boasts separately metered power. The property is zoned CC, allowing for a wide range of uses including retail, banks, medical facilities, restaurants, and more. Its prime location on a signalized corner provides excellent visibility and accessibility. The landlord is open to build-to-suit options, tailoring the space to meet specific tenant needs. This versatile property presents a unique opportunity for businesses seeking a prominent location in Hartford County. The address is 7 North Washington Street, Plainville, CT 06062.

• CAP approach

  CAP return

  Valuation

  6%

  $2,349,007

  6.5%

  $2,168,314

  7%

  $2,013,434

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,856,417

  Geo Method

  $1,856,417

• Alternative Use

  Use

  Valuation

  Residential

  $2,688,709

  Hospitality

  $2,462,843

  Educational

  $2,049,057

  Medical

  $2,119,527

  Retail

  $3,187,422

Location Insight

City

Plainville

County

Hartford

State

Connecticut

Latitude

41.6704

Longitude

-72.8763

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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