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Simsbury Office Building For Sale
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10 Mill Pond Ln, Simsbury, CT

Two-story office building in park-like setting, potential for multiple uses.

Property Size20,000 SF
Lot Size4.77 Acres
Price / SF$37.50
Days on Market1187

Property Features for 10 Mill Pond Ln

General Information

Standard status Active
Size 20,000 SF
Lot size 4.77 Acres
Property subtype OFFICE
Listing Agency: CBRE | Hartford
Listed By: Anna Kocsondy · License #RES.0768397
Source: Moodyscre
Added: Jun 6, 2023 Changed: Aug 23 Last Checked: Sep 4 at 6:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Hartford

Investment Insights

Based on property information with market context.

Located at 10 Mill Pond Lane, this two-story office building is situated on 4.75 acres within the Powder Forest Business Park, a master-planned, mixed-use office park just off Route 10/202 in Simsbury, Connecticut. Constructed in 1986, the property encompasses approximately 20,000 square feet. The building offers a quiet, park-like setting, abundant on-site parking, and picturesque views. It also provides convenient access to local area amenities, including Millright’s Restaurant & Tavern, Metro Bis, and various other restaurants and retail services along Hopmeadow Street. The building is located on a large wooded lot at the cul de sac end of a semi-residential street. Neighboring properties include a newly-built, five-building condominium complex, a two-building office park at 1&3 Mill Pond Lane, and the Mill Commons Apartments. Potential uses for the property include office, medical office, professional services, and/or conversion to multifamily. Parking may also be expanded by approximately 30 spaces. Current operating expenses and real estate taxes are estimated at $16.00/SF.

Key Highlights

  • Located in the established Powder Forest Business Park with convenient access to Route 10/202.
  • Versatile property suitable for office, medical office, professional services, or multifamily conversion.
  • Attractive park‑like setting with picturesque views and abundant on‑site parking.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store HVAC Service Storage Facility Bakery Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building in park-like setting, potential for multiple uses.
Where is this office building located?
The property is located at 10 Mill Pond Ln Simsbury, CT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Located in the established Powder Forest Business Park with convenient access to Route 10/202.; Versatile property suitable for office, medical office, professional services, or multifamily conversion.; Attractive park‑like setting with picturesque views and abundant on‑site parking.
(860) 987-4749 Call to check price and availability
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