50 Tower Ln - Light Manufacturing FOR SALE


Avon, CT 06001- Avon/Burlington
$4,250,000 USD
860-987-4708
50 Tower Ln, Avon, CT for Sale
$4,250,000 USD
Light Manufacturing - FOR SALE
1/19
null | Request Cap Rate


HIGHLIGHTS

  • Recently renovated single-story flex/office/industrial building with updated finishes and mechanical systems.
  • Situated on 13.55 acres with 120 on-site parking spaces and potential for expansion.
  • Features five truck docks, one drive-in door, LED lighting, and ceiling heights up to 24 feet.
  • Located within Avon Park South business park near Route 44 and Route 202 with strong regional connectivity.
  • Close proximity to national retail, dining, and service brands, fostering employee convenience and tenant desirability.
  • 44% occupied, providing immediate availability for owner-use or potential lease-up for added investment returns.

OVERVIEW

Recently Renovated, Single-Story, Flex/Office/Industrial Property on 13.55 Acres CBRE is pleased to offer for sale 50 Tower Lane, a ±77,000 SF, single-story flex/office/industrial building situated on 13.55 acres in Avon, CT. Originally constructed in the early 1970’s, 50 Tower Lane was completely renovated in 2018 for a national tenant, with all new mechanicals and updated finishes including polished concrete floors and new LED lighting. The property features five truck docks, one dive-in door, and onsite parking for 120 vehicles, with the ability to expand. The site is well located within the Avon Park South business park off Route 44, less than a half-mile to the intersection with Route 202 and close to numerous retailers, restaurants and business services. 50 Tower Lane is currently 44% occupied with approximately 43,000 SF of available space, making it ideal for an owner-occupant or value-add investor. The property is available for sale at an asking price of $4,250,000.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

R&D, Showroom, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

5

DRIVE INS

1

PARKING SPACES

120

LAND DETAILS

LAND ACRES

13.55

LAND SF

590,238

ZONING

IP

APN/PARCEL ID

AVON-000007-000000-000437-000050

ASK ABOUT THIS PROPERTY

Alexis AugsbergerCBRE Inc.More Info
860-987-4708

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Alexis AugsbergerCBRE Inc.More Info
860-987-4708

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