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Sold for $1,788,000
  • $1,788,000

    613 New Britain Avenue, Farmington, CT 06032

    --beds
    --baths
    20.59Acres
    Unimproved Land
    Built in ----
    20.59 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Guidicelli 860-371-7103,

    Regions Real Estate Advisors 860-854-6500

    Bought with:

    Michael Guidicelli, REB.0788947

    Regions Real Estate Advisors

    Source: Smart MLS,MLS#: 170613260MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Access, River Front
    • Frontage length: 500
    Lot
    • Size: 20.59 Acres
    • Features: Seasonal Property, Suburban
    Details
    • Additional structures: Garage(s), Shed(s)
    • Parcel number: 1977737
    • Zoning: CR
    • Horses can be raised: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Cable Available

    Community & HOA

    Community
    • Features: Planned Unit Development
    HOA
    • Has HOA: No
    Location
    • Region: Farmington

    Financial & listing details

    • Tax assessed value: $1,370,250
    • Annual tax amount: $33,174
    • Date on market: 5/20/2024
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/15/2024Sold$1,788,000+138.4%
    Source: Smart MLS #170613260 Report a problem
    3/8/2024Pending sale$750,000
    Source: Smart MLS #170613260 Report a problem
    12/6/2023Listed for sale$750,000
    Source: Smart MLS #170613260 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 06032

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Farmington

    Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.