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230 Farmington Ave
Farmington, CT 06032

Loan Secured by Talcott Plaza · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
43,074 SF
Building Class
B
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
9.09 AC
Zoning
BR
Parking
242 Spaces (5.53 Spaces per 1,000 SF Leased)
Frontage
341 ft on Farmington Ave

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

About 230 Farmington Ave , Farmington, CT 06032

Quickly Acquire Title - Expedited means to acquire title to the mortgaged property via the strict foreclosure process or acceptance of Borrower's offer to grant a deed-in-lieu of foreclosure. Excellent Location - Close proximity to University of Connecticut Health Center, providing locational convenience to over 5,000 employees and over 500 medical students as well as hundreds of patients.  Strong Demographics - The immediate area is well populated with households that have incomes averaging over $100,000.  High Traffic Signalized Access - The Collateral is located off of Farmington Avenue which is a major roadway for the City of Farmington and sees over 20,000 vehicles per day. The Collateral also benefits from the easy access to and from Farminton Avenue with designated turn lanes and a signaled intersection. Flexible Zoning - The existing zoning permits various uses, providing flexibility for re-tenanting.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FARM-000067-000015-000032
Land Assessment
$2,190,180
Improvements Assessment
$487,492
Total Assessment
$2,677,672
  • Listing ID: 7122857

  • Date on Market: 2017-05-08

  • Last Updated:

  • Address: 230 Farmington Ave, Farmington, CT 06032

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