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34047568
34047569

57-59 Whiting Street, Plainville, CT 06062-2957

Alpha Capital Realty
Listed by Alpha Capital Realty
$1,650,000
1 day on market
Updated 1 day ago

57-59 Whiting St.

Details
Property Type Mixed Use, Multifamily (+2)
Sub Type Traditional Office, Townhome (+1)
Square Footage 8,662
Units 8
Cap Rate 6.26%
NOI $103,239
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.83%
Pro-Forma NOI $129,138
Price per SqFt $190
Class B
Year Built 1850
Year Renovated 2013
Buildings 3
Acreage 0.710
Zoning Commercial (CC)
Parking Spaces 32 spaces
Parking per 1,000 SqFt 3.69
Investment Type Stabilized
Ground Lease No
Sale Condition N/A

Mixed Use | 6.26% CAP | 8,662 SqFt

Marketing description

57 Whiting Street presents a unique mixed-use investment opportunity in Plainville, Connecticut, consisting of three separate buildings on a single parcel with a total of 8 units—4 residential and 4 commercial.

The residential component features four townhouse-style units, each offering 2 bedrooms and 2.5 bathrooms, hardwood floors, and fully separate utilities and water metering, significantly reducing landlord expense exposure and operational complexity.

The commercial component consists of four established retail/office tenants, providing diversified income and stability.

This asset offers investors a compelling combination of: Strong in-place cash flow, Low expense burden due to utility separation, Multiple buildings reducing concentration risk, and Clear upside through rent growth.

Investment highlights

  • Three independent buildings → diversified income streams
  • Mixed-use asset (Retail + Multifamily)
  • Low expense residential component
  • Strong tenant mix (service-based retail + residential)
  • Future flexibility for disposition or repositioning
  • Strong in-place cash flow
  • Low expense burden due to utility separation
  • Multiple buildings reducing concentration risk
  • Clear upside through rent growth

Listing Contacts

Alpha Capital Realty
Listed by Alpha Capital Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$103,239.00
$8,603.25/mo

Valuation Metrics

0
DSCR
6.26%
Cap Rate
6.26%
ROI

Map

Zoning

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CC CommercialCore CommercialCentral Commercial
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View all 78 uses
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Last updated Feb 19, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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