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30857443
30857444

570 Honeyspot Rd, Stratford, CT 06615

DS
CT RES.0829215
Baldwin Pearson & Company
Listed by Baldwin Pearson & Company
$1,365,000
110 days on market
Updated 67 days ago
Opportunity zone

570 Honeyspot Road

Details
Property Type Mixed Use, Retail
Sub Type Shopping Center, Storefront
Square Footage 6,211
Net Rentable (SqFt) 6,211
Units 4
Cap Rate 6.33%
NOI $86,437
Occupancy 75%
Tenancy Multi
Lease Type Modified
Lease Expiration 04/30/2039
Remaining Term 12.8
Rent Bumps Yes
Pro-Forma Cap Rate 8.91%
Pro-Forma NOI $121,643
Price per SqFt $220
Year Built 1957
Buildings 1
Stories 2
Acreage 0.250
Zoning CA
Parking Spaces 25 spaces
Parking Per SqFt 4.03
Investment Type Value Add

Stratford, CT Corner Mixed Use Property

Marketing description

Baldwin Pearson & Co., Inc. is pleased to exclusively offer for sale 570 Honeyspot Road, Stratford, CT — a premier mixed-use investment opportunity located in one of Stratford’s most established and heavily trafficked retail corridors. Positioned on a prominent corner at Honeyspot Road and Moffitt Street, just off Interstate 95, the property features three street-level retail units with strong visibility and parking, plus a spacious, renovated two-bedroom, one-bathroom apartment above. The retail tenancy provides exceptional income stability, with the asset anchored by one of Stratford’s oldest liquor stores, continuously occupied since 1958, and a well-established restaurant, both operating on extremely long leases, underscoring the strength of the location. The third retail unit is currently vacant, presenting immediate lease-up or owner-user upside at market rents.

The residential component consists of a 1,650 SF renovated apartment that is currently rented well below market rent, offering meaningful income growth potential. With stable in-place cash flow, mark-to-market opportunity, and prime corner positioning, 570 Honeyspot Road represents a rare value-add investment in Fairfield County. 570 Honeyspot Road offers investors a compelling blend of stable cash flow, embedded upside, and long-term tenancy in a supply-constrained Fairfield County market.

Property Highlights:

  • Stable, Long-Term Retail Income: Anchored by established neighborhood operators, including one of the oldest liquor stores in Stratford, in business since 1958, the property provides long lasting, durable in-place cash flow

  • Compelling Value-Add Retail Potential: Vacant retail unit 3 available for immediate lease-up or owner occupancy provide a new owner with immediate NOI upside and flexibility

  • Residential Upside: 1,650 SF updated two-bedroom, one-bath unit currently rented at well below market rent, offering meaningful income expansion potential

  • Strong Physical & Electrical Infrastructure: 400-amp service with 3-phase power, upgraded Roofing and HVAC, and recently resealed parking lot.

  • Prime Corner Location with Exceptional Visibility: 200’ of wraparound frontage at a high-traffic intersection just off I-95, serving a dense residential and commercial customer base with two ample sized parking lots on the front and side of the building

  • Flexible Zoning & Attractive Terms: Located in a CA zone, the property allows for a wide range of permitted uses, offering exceptional versatility for many types of businesses or developments. Ownership is also open to discussing seller financing with qualified buyers, providing additional flexibility to help bring the right deal together

Investment highlights

Listing Contacts

DS
CT RES.0829215
Baldwin Pearson & Company
Listed by Baldwin Pearson & Company

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,437.00
$7,203.08/mo

Valuation Metrics

0
DSCR
6.33%
Cap Rate
6.33%
ROI

Map

Zoning

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CA CommercialRetail CommercialRetail Commercial
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View all 24 uses
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Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Daniel Shawah
License
RES.0829215
Brokerage
Baldwin Pearson & Co, Inc.
Brokerage Phone
2035216348
Title
Real Estate Professional
Brokerage Address
55 Walls Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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