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613 New Britain Avenue

Farmington, CT 06032
  • $1,788,000
  • STATUS: Closed
  • MLS #: 170613260
Sold - 05/15/2024
$1,788,000
SOLD - 05/15/2024
  • 0
    BEDS
  • 20.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
High School:

Description

Live Bid on 1/22, Price listed is starting bid and property will trade for a multiple of starting bid. Residential use allowed by special permit. Regions Commercial Real Estate Advisors is proud to exclusively present the opportunity to acquire a flexible modern Medical/Biotech/Corporate building on a lush 20-ACRE WATERFRONT campus at 613 New Britain Avenue in Farmington, Connecticut. The 34,612-square-foot facility was originally constructed in 1990 and fully renovated in 2018. The well-maintained two-story building will be delivered vacant, making this as a substantial opportunity for a user looking for turnkey space or conversion to Medical/Biotech, Multi-family, Industrial, event facility or horse property. A savvy value-add investor could also strategically lease the space to capture strong local submarket performance as this premier property hasn't been available in 20 years. 613 New Britain benefits from a highly accessible location and Interstate 84. The building is just minutes from the Farmington Avenue commercial corridor, home to many local restaurants and national retailers. The property is ideally suited for a wide range of industries but offers particular synergy to a business in the healthcare field. The region’s two largest employers, the 224-bed UConn Health System and the 187-bed Connecticut Children’s Medical Center, allow for meaningful and lucrative corporate partnerships for a tenant in a similar field. The Jackson Laboratory for Genomic Medicine opened a world-class research facility nearby where researchers focus on human and mammalian genetics expertise. JAX Genomic Medicine, next to the UConn Health campus, facilitates clinical collaboration with Connecticut’s many universities and hospitals.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-05-30T00:10:53.51.
www.longrealtyinc.com/homes/145743920
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613 New Britain Avenue Farmington, CT 06032

  • Price: $750,000
  • Status: Closed
  • On Site: Days
  • Updated: 206 min ago
  • MLS #: 170613260
0
Beds
0
Baths
0
½ Baths
20.59
Acres
County:
Hartford
Area:
Farmington
Elementary School:
per board of ed
High School:
Farmington
Property Description
Live Bid on 1/22, Price listed is starting bid and property will trade for a multiple of starting bid. Residential use allowed by special permit. Regions Commercial Real Estate Advisors is proud to exclusively present the opportunity to acquire a flexible modern Medical/Biotech/Corporate building on a lush 20-ACRE WATERFRONT campus at 613 New Britain Avenue in Farmington, Connecticut. The 34,612-square-foot facility was originally constructed in 1990 and fully renovated in 2018. The well-maintained two-story building will be delivered vacant, making this as a substantial opportunity for a user looking for turnkey space or conversion to Medical/Biotech, Multi-family, Industrial, event facility or horse property. A savvy value-add investor could also strategically lease the space to capture strong local submarket performance as this premier property hasn't been available in 20 years. 613 New Britain benefits from a highly accessible location and Interstate 84. The building is just minutes from the Farmington Avenue commercial corridor, home to many local restaurants and national retailers. The property is ideally suited for a wide range of industries but offers particular synergy to a business in the healthcare field. The region’s two largest employers, the 224-bed UConn Health System and the 187-bed Connecticut Children’s Medical Center, allow for meaningful and lucrative corporate partnerships for a tenant in a similar field. The Jackson Laboratory for Genomic Medicine opened a world-class research facility nearby where researchers focus on human and mammalian genetics expertise. JAX Genomic Medicine, next to the UConn Health campus, facilitates clinical collaboration with Connecticut’s many universities and hospitals.
Exterior Features

Direct Waterfront YN Yes Lot Description Water View Lot Improvements Garage(S)Shed Road Frontage Approximate 500 Road Frontage Description Paved Road Waterfront Description Direct WaterfrontAccessRiver

Property Features

Agent Owner YN No Bank Owned Property No Financing Used Cash Flood Zone YN No Home Owners Assocation No Location Suburban New Construction Type No/Resale Potential Short Sale No Property Info Planned Unit DevelopmentHorse PropertySeasonal Property Property Sub Type Residential Land Septic Approval YN No Septic Plan Available YN No Sewage System Public Sewer Connected Subdividable YN Unknown Tax Year July 2023-June 2024 Utilities Available ElectricGas AvailableCable Water Source Public Water Connected Zoning CR

Listing information © 2024 Smart MLS
Listing provided courtesy of Michael Guidicelli of Regions Real Estate Advisors: (860) 854-6500.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-05-30T00:10:53.51.
 
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