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Investment Highlights

  • 22 Waterville Road in Avon, CT, offers 53,313 square feet of office and medical space, ideal for an owner/user or value-add investment strategy.
  • Situated on 3.6 acres, the property provides 215 surface parking spaces, supporting patient access, staff convenience, and multi-tenant use.
  • Nearby amenities include Avon Old Farms Hotel, popular restaurants, retail along Route 44, and Bradley International Airport just 25 minutes away.
  • Three-story building features flexible floor plates, a bright central atrium, advanced HVAC systems, and infrastructure built for medical users.
  • Located directly off Route 44, the building benefits from strong visibility, Route 10 signage, and exposure to over 15,000 vehicles daily.
  • Affluent demographics, high educational attainment, and limited medical office supply support long-term tenancy in the Farmington Valley.

Executive Summary

22 Waterville Road, Avon, Connecticut, presents an owner/user and value-add investment opportunity in the heart of the Farmington Valley. This premier 53,313-square-foot office and medical building offers scale, flexibility, and infrastructure rarely found in suburban Connecticut. Tailored for medical and professional use, position the asset for long-term occupancy, partial owner utilization, or strategic lease-up. This high-quality facility can support healthcare, outpatient, professional, or mixed office users.

The three-story building was purpose-built to accommodate office and medical users, featuring large, flexible floor plates, extensive natural light, and a central atrium that elevates the tenant and patient experience. Zoned HVAC with a closed-loop water-source heat pump system, ground cooling towers, high-efficiency boilers, and rooftop Trane units deliver fresh air across 71 separate zones, supporting medical build-outs and operational redundancy. The site spans 3.6 acres and provides 215 surface parking spaces, an exceptional ratio that supports patient and staff convenience and multi-tenant configurations.

Situated directly off Route 44, 22 Waterville Road benefits from strong visibility, exposure to over 15,000 daily vehicles, and prominent signage opportunities along Route 10. The location is within minutes of West Hartford and is convenient to downtown Hartford, while Bradley International Airport is 25 minutes away. Tenants benefit from immediate access to restaurants, hotels, and daily conveniences, including Avon Old Farms Hotel, Seasons Restaurant, The North House, and nearby retail along the Route 44 corridor, with Blue Fox Run Golf Course located directly across the roadway.

The surrounding trade area features affluent, highly educated demographics, with median household incomes exceeding $140,000 within 5 miles and more than 65% of adults holding a bachelor’s degree or higher, supporting sustained demand for healthcare, professional, and specialty services. Anchored by strong infrastructure, limited competing supply, and favorable demographics, 22 Waterville Road offers a rare chance to secure a flagship office and medical facility in one of Central Connecticut’s most desirable suburban markets.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
53,313 SF
Building Class
B
Year Built
1985
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,771 SF
Slab To Slab
12’
Building FAR
0.34
Lot Size
3.60 AC
Zoning
CPA
Parking
215 Spaces (4.03 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Signage
  • Central Heating
  • Partitioned Offices

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,000-17,793 SF
  • Office/Medical
  • -
  • Now
  • 2nd Floor
  • 3,000-18,614 SF
  • Office/Medical
  • -
  • Now
  • 3rd Floor
  • 3,000-16,906 SF
  • Office/Medical
  • -
  • Now
Space Size Space Use Build-Out Available
1st Floor 3,000-17,793 SF Office/Medical - Now
2nd Floor 3,000-18,614 SF Office/Medical - Now
3rd Floor 3,000-16,906 SF Office/Medical - Now

1st Floor

Size
3,000-17,793 SF
Space Use
Office/Medical
Build-Out
-
Available
Now

2nd Floor

Size
3,000-18,614 SF
Space Use
Office/Medical
Build-Out
-
Available
Now

3rd Floor

Size
3,000-16,906 SF
Space Use
Office/Medical
Build-Out
-
Available
Now

1st Floor

Size 3,000-17,793 SF
Space Use Office/Medical
Build-Out -
Available Now

2nd Floor

Size 3,000-18,614 SF
Space Use Office/Medical
Build-Out -
Available Now

3rd Floor

Size 3,000-16,906 SF
Space Use Office/Medical
Build-Out -
Available Now

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
2,338
18,748
80,817
2025 Population
2,435
19,604
83,852
Population Growth '20-'25
4.2%
4.6%
3.8%
2020 Households
973
7,427
32,429
2025 Households
1,012
7,780
33,674
Household Growth '20-'25
4.0%
4.8%
3.8%
Average Age
45
44
43
Median Household Income
$124,580
$143,417
$143,978
Daytime Employees
2,494
13,615
58,020
Total Businesses
360
1,875
8,018
College Degree + Higher
75%
66%
65%

Property Taxes

Property Taxes

Parcel Number
AVON-000015-000000-000450-000022
Land Assessment
$504,000
Improvements Assessment
$1,955,560
Total Assessment
$2,459,560
  • Listing ID: 40283555

  • Date on Market: 4/24/2026

  • Last Updated:

  • Address: 22 Waterville Rd, Avon, CT 06001

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