166 Woodford AvePlainville, CT 06062

  • Mixed-use properties
  • 0.15 AC
For Sale

Property Details for 166 Woodford Ave

Year built
1942
Construction
FRAME
Lot size
0.15 AC
Zone code
GC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
PLAI M:30 B:M L:02
APU
PLAIM30BML02

Description

This exceptional value-add opportunity presents a 3-unit, mixed-use building ideally situated at 166 Woodford Avenue in Plainville, Connecticut, 06062. The property boasts a total of 3,603 square feet across two buildings, each two stories high, and sits on a 0.15-acre lot. Currently 100% occupied, the property generates a net operating income (NOI) of $40,000 annually. The building features three tenants: a restaurant and an embroidery shop on the ground floor, and a two-bedroom apartment on the second floor, providing a diverse income stream. The property benefits from a prime location on Woodford Avenue, experiencing nearly 10,000 vehicles daily, with over 40 feet of street frontage. Ten on-site parking spaces are available for tenants and customers. Built in 1942, the property is zoned GC and offers a stabilized investment opportunity with a modified lease structure. Serious offers are encouraged

166 Woodford Ave, Plainville, Connecticut

Location Insight

City
Plainville
County
Hartford
State
Connecticut
Latitude
41.6712
Longitude
-72.855
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,099
$63,700
$130,410
$194,110
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