570 Honeyspot Rd - Retail FOR SALE


$1,365,000 USD
203-335-5117
570 Honeyspot Rd, Stratford, CT for Sale
$1,365,000 USD
Retail - FOR SALE
1/13
null | 6.33% Cap Rate

NEW



HIGHLIGHTS

  • Stable, long term retail strip anchored by neighborhood operators operating on long term leases expiring in 2039 and 2040
  • Meaningful upside in the residential unit featuring a 1,600 square foot 2 bedroom apartment
  • Compelling value add retail opportunity with the vacant unit available for immediate lease up or owner occupancy
  • Property is in excellent condition and features 400 amp electric service with 3-phase power, upgraded roofing and HVAC and resealed parking lot
  • Flexible zoning located in CA zone allowing for a wide variety of current and potential uses
  • Owner is open to discussing seller financed offers

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,365,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

6.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

570 Honeyspot Road Stratford CT

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CA

APN/PARCEL ID

STRA-000306-000007-000009

ASK ABOUT THIS PROPERTY

Robert ShawahBaldwin Pearson & Company, Inc.More Info
203-335-5117

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Robert ShawahBaldwin Pearson & Company, Inc.More Info
203-335-5117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.