111 Simsbury Rd - Medical CONDO FOR SALE


Avon, CT 06001- Avon/Burlington
$829,900 USD
860-416-2239
111 Simsbury Rd, Avon, CT for Sale
$829,900 USD
Medical CONDO - FOR SALE
1/31
null | Request Cap Rate

111 Simsbury Rd
Avon, CT 06001
Avon/Burlington


HIGHLIGHTS

  • Prime Location: Situated in the charming town of Avon, Connecticut, along the bustling Route 10/202 corridor, offering unmatched convenience
  • Prime Office Space: 7,500 square foot office condominium on the 2nd floor, with a controlling interest in the condominium association.
  • Well-Maintained Property: Two-story metal construction with asphalt paving for 67 vehicles, building and ground-mounted lights, and attractive lands
  • Convenient Layout: Private offices and open cubicle space with a full kitchenette, and common restrooms centrally located.
  • Strategic Investment: Ideal for businesses looking to establish a strategic location while benefiting from additional real estate investment income.
  • Modern Amenities: Proximity to Healthtrax, Hartford Healthcare, Avon Family Wellness Center, and Riverdale Farms, with specialty shops a short walk.

OVERVIEW

Welcome to your new business headquarters! This impressive 7,500 square foot office condominium is located at 111 Simsbury Road, Unit 4, in the charming Town of Avon, Connecticut. Situated along the bustling Route 10/202 corridor, this property offers unmatched convenience and accessibility for your business needs. This 2nd-floor unit holds a controlling interest in the 111 Simsbury Road condominium association. The current owner occupies approximately 54% of the floor, while the remaining space is leased to four tenants on short-term contracts. This arrangement presents a unique opportunity for a purchaser with space requirements of up to 7,500 SF to establish a strategic business location while also benefiting from additional real estate investment income.

FOR SALE DETAILS

PRICE

$829,900 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

15,000 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

OP

APN/PARCEL ID

AVON-000036-000000-000397-004111,AVON-000036-000000-000397-006111

ASK ABOUT THIS PROPERTY

Thomas YorkGoman+York Property Advisors, LLCMore Info
860-416-2239

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Thomas YorkGoman+York Property Advisors, LLCMore Info
860-416-2239

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