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29 Colton St 30,000 SF Specialty Building Offered at $4,500,000 in Farmington, CT 06032
Investment Highlights
- Rare opportunity to acquire a 13.40-acre campus property in Farmington featuring multiple buildings and a diverse range of existing improvements.
- Existing zoning permits single-family residential and child care uses, while special permit uses include educational, daycare, rehabilitation, nursing
- The conference building underwent mechanical improvements including a new boiler and mini-split systems in 2019 and provides extensive lodging, gather
- The property includes overnight accommodations, dining facilities, meeting areas, office space, a chapel, and a separate residential dwelling, support
- The campus setting offers landscaped grounds with a gazebo, ample parking, and elevated western views overlooking the surrounding Farmington Valley.
- Conveniently located approximately 3.5 miles from Interstate 84, providing regional access throughout Greater Hartford and central Connecticut.
Executive Summary
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.
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.
Property Facts
| Price | $4,500,000 | Building Class | C |
| Price Per SF | $150 | Lot Size | 13.40 AC |
| Sale Type | Investment or Owner User | Building Size | 30,000 SF |
| Property Type | Specialty | No. Stories | 3 |
| Property Subtype | Religious Facility | Year Built | 1918 |
| Zoning | R-20 - Single family residential or child care. Special permit uses include education, daycare, rehab or nursing home, B&B’s, charitable & other uses. | ||
| Price | $4,500,000 |
| Price Per SF | $150 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 13.40 AC |
| Building Size | 30,000 SF |
| No. Stories | 3 |
| Year Built | 1918 |
| Zoning | R-20 - Single family residential or child care. Special permit uses include education, daycare, rehab or nursing home, B&B’s, charitable & other uses. |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | FARM-000117-000014-000385-000029 | Improvements Assessment | $5,578,790 |
| Land Assessment | $1,866,340 | Total Assessment | $7,445,130 |
Property Taxes
Parcel Number
FARM-000117-000014-000385-000029
Land Assessment
$1,866,340
Improvements Assessment
$5,578,790
Total Assessment
$7,445,130
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