613 New Britain Avenue, Farmington, CT, 06032
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.
Status:
Under Contract
Type:
Lot / Acreage
Zoning:
CR
Frontage:
Paved Road
Acreage:
20.59
Est. Taxes:
$33,174
Assessment
$1,370,250
Utilities
Electric,Gas Available,Cable
Lot Description:
Water View
Waterfront:
Yes
Elementary School:
Per Board of Ed
High School:
Farmington
Days on Market:
95
MLS #:
170613260
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Michael Guidicelli, Regions Real Estate Advisors Email: michael@regionscommercial.com