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Renovated Office Building with Development
For Sale
Contact for pricing
Pending

521 Cromwell Ave, Rocky Hill, CT 06067

Fully renovated office building with development potential on 3.18 acres.

Property Size12,031 SF
Lot Size4.04 Acres
Days on Market170

Property Features for 521 Cromwell Ave

General Information

Standard status Pending
Size 12,031 SF
Lot size 4.04 Acres
Property subtype Retail
Listing Agency: CBRE - Hartford
Listed By: Jennifer Gosselin · License #CT RES.0759679
Source: Crexi
Added: Mar 2 Changed: Aug 8 Last Checked: Aug 8 at 6:35AM

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.

This is a rare opportunity to acquire a fully renovated, institutional-quality office building prominently positioned atop a hill along Cromwell Avenue, combined with an adjacent 0.86-acre development parcel. The property offers both immediate occupancy value and long-term redevelopment optionality. The 12,031 square foot former bank building has undergone substantial interior and infrastructure upgrades, including modernized electrical systems, LED lighting, enhanced restroom facilities, a new roof as of November 2023, dual backup generators, and a fully built-out data center with fire control systems. The bank drive-thru remains intact, creating flexibility for medical, financial, retail, or adaptive reuse applications. The current layout includes a reception area, open collaborative office space, private perimeter offices, multiple conference rooms, a full kitchen/breakroom, a data center, secure access zones, dedicated IT infrastructure, and an executive-style buildout. Located within a C Zone (Commercial) district, the property allows for a wide range of uses including medical, general office, mixed-use, and potential redevelopment. The main parcel is 3.18 acres.

Key Highlights

  • Fully renovated, institutional‑quality 12,031 SF office building with recent upgrades.
  • Includes an adjacent 0.86‑acre development parcel, offering long‑term redevelopment potential.
  • Located on a highly visible hilltop location along Cromwell Avenue.

Property Analytics

Current Use

Global Help Desk ... Telecommunications Service

Suggested Use

Top Pick Auto Repair Shop Pharmacy Auto Parts Store Real Estate Agency Kitchen & Bath Showroom Big Box & Wholesale Store

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

526
Businesses Nearby

Demographics for 06067, CT

20,809
Population
9,300
Households
2.2
Avg Household Size
43
Median Age
49%
College-Educated
95%
High-School Grad
13.3 sq mi
ZIP Area
1,565
Density / Sq Mi
$100,122
Median Household Income
$62,506
Median Earnings
$1,705
Median Rent
$329,500
Median Home Value

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 - Fully renovated office building with development potential on 3.18 acres.
Where is this office building located?
The property is located at 521 Cromwell Ave Rocky Hill, CT.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Fully renovated, institutional‑quality 12,031 SF office building with recent upgrades.; Includes an adjacent 0.86‑acre development parcel, offering long‑term redevelopment potential.; Located on a highly visible hilltop location along Cromwell Avenue.
(860) 987-4734 Call to check price and availability
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