29 Colton St - Churches FOR SALE


Farmington, CT 06032
$4,500,000 USD
860-249-6521
29 Colton St, Farmington, CT for Sale
$4,500,000 USD
Churches - FOR SALE
1/37
null | Request Cap Rate

29 Colton St
Farmington, CT 06032


HIGHLIGHTS

  • Rare opportunity to acquire a 13.40-acre campus property in Farmington featuring multiple buildings and a diverse range of existing improvements.
  • The property includes overnight accommodations, dining facilities, meeting areas, office space, a chapel, and a separate residential dwelling, support
  • Existing zoning permits single-family residential and child care uses, while special permit uses include educational, daycare, rehabilitation, nursing
  • The campus setting offers landscaped grounds with a gazebo, ample parking, and elevated western views overlooking the surrounding Farmington Valley.
  • The conference building underwent mechanical improvements including a new boiler and mini-split systems in 2019 and provides extensive lodging, gather
  • Conveniently located approximately 3.5 miles from Interstate 84, providing regional access throughout Greater Hartford and central Connecticut.

OVERVIEW

The Property is located in The Farmington Valley which includes the towns of Avon, Canton, Farmington, Granby and Simsbury. Demographics are very favorable as the residents are affluent with median household income of $141,000, highly educated with a median age of 40. The area is known for its classic New England historic charm, outdoor recreation and home to several well know private schools. Campus setting includes guest rooms for overnight stays (60), dining area, chapel, offices and multiple meeting areas as well as a free standing residence. Grounds include gazebo and the hillside location offers extensive views to the west. Ample parking.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13.4 AC

LAND SF

583,704 SF

ZONING

R-20

APN/PARCEL ID

FARM-000117-000014-000385-000029

ASK ABOUT THIS PROPERTY

860-249-6521

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860-249-6521

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