Investment 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.
Investment Highlights
- Prime Location: Situated in the charming town of Avon, Connecticut, along the bustling Route 10/202 corridor, offering unmatched convenience and accessibility.
- Dramatic Views of Heublein Tower and Talcott Mountain
- Prime Office Space: 7,500 square foot office condominium on the 2nd floor, with a controlling interest in the condominium association.
- Income Potential: Owner occupies approximately 54% of the space, leasing the remaining area to four tenants on short-term contracts, providing additional real estate investment income. Current owner is willing to vacate or lease back a portion of their space.
- Modern Amenities: Proximity to Healthtrax, Hartford Healthcare, Avon Family Wellness Center, and Riverdale Farms, with specialty shops and restaurants at Avon Village Center and Avon Town Shops just a short walk away.
- Well-Maintained Property: Two-story wood frame structure with asphalt paving for 67 vehicles, building and ground-mounted lights, and attractive landscaping with ornamental trees and ground plantings.
- Convenient Layout: Private offices with a full kitchenette, perimeter offices, and common restrooms centrally located.
- Strategic Investment: Ideal for businesses looking to establish a strategic location while benefiting from additional real estate investment income.