723 Farmington Avenue New Britain, CT 06053

Building Details

Year Built

2022

Listing office Berkshire Hathaway NE Prop. j***@bhhsne.com Show Phone

Listing date Mar 7, 2023

Source Corcoran

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Investment Insights

Based on property information with market context.

This 4-acre commercial lot is available for lease in New Britain, CT. A 100-year lease is possible, making it suitable for apartment buildings. The property is located adjacent to a school and a recently developed gas station. It benefits from a traffic count of 9,300 cars per day. Situated near the Farmington line, the lot provides access to Highway 84. The location is suitable for a modern apartment complex, senior housing, or a mixed-use project. The property's proximity to educational institutions and retail growth positions it for high demand and consistent rental income.

Key Highlights

• Commercial 4‑acre lot suitable for apartment buildings or mixed‑use development.
• Possible 100‑year lease.
• High traffic count of 9,300 cars per day.

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FAQs

What type of property is this?

Commercial land - 4-acre commercial lot for lease in New Britain, CT.

Where is this commercial land located?

The property is located at 723 Farmington Avenue New Britain, CT.

What is the lease rate?

The lease rate is $2,000 /Mo.

What are key features of this property?

This property features: Commercial 4‑acre lot suitable for apartment buildings or mixed‑use development.; Possible 100‑year lease.; High traffic count of 9,300 cars per day.