Woodford Mini-Plaza | 166 Woodford Ave
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Woodford Mini-Plaza 166 Woodford Ave
3,603 SF 100% Leased Retail Building Plainville, CT 06062 $573,006 CAD ($159 CAD/SF) 8.64% Cap Rate
Investment Highlights
- Daily traffic count of nearly 10,000 vehicles.
Executive Summary
Cash flowing, 3-unit mixed use building, with Over 3,500 square feet and 40 feet of street frontage, on bustling Woodford Ave.
This 100% leased retail storefront property - restaurant and an established embroidery shop on the ground floor, complemented by a spacious 2-bedroom apartment on the second floor.
Solid cashflow, with tremendous value-add opportunity.
This 100% leased retail storefront property - restaurant and an established embroidery shop on the ground floor, complemented by a spacious 2-bedroom apartment on the second floor.
Solid cashflow, with tremendous value-add opportunity.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$56,699
|
$15.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$56,699
|
$15.74
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $56,699 |
| Annual Per SF | $15.74 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $56,699 |
| Annual Per SF | $15.74 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,603 SF
Building Class
C
Year Built
1942
Price
$573,006 CAD
Price Per SF
$159 CAD
Cap Rate
8.64%
NOI
$49,519 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.39
Lot Size
0.21 AC
Zoning
GC - General Commercial
Parking
10 Spaces (2.78 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | PLAI-000030-M000000-000002 | Improvements Assessment | $183,409 CAD (2024) |
| Land Assessment | $89,588 CAD (2024) | Total Assessment | $272,996 CAD (2024) |
PROPERTY TAXES
Parcel Number
PLAI-000030-M000000-000002
Land Assessment
$89,588 CAD (2024)
Improvements Assessment
$183,409 CAD (2024)
Total Assessment
$272,996 CAD (2024)
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Woodford Mini-Plaza | 166 Woodford Ave
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