199 Old Hartford Rd Colchester, CT 06415-2739
- Showrooms
- 16,960 SF
- 1.86 lot acres
Current Use by Public Records
- Dr. James G. Bucci, MD / Physician
- Smarter Appliance and Mattress / Furniture & Home Goods
- Sears Heating and Air Conditioning / Hardware & Home Improvement / HVAC Service
- R2A Watches / (Bike/Boat/Book/etc) Store
- Champions Karate and Krav Maga / Training Center / Sports School
Property Details for 199 Old Hartford Rd
- Year built
- 1997
- Construction
- FRAME
- Lot size
- 1.86 lot acres
- Property size
- 16,960 SF
- Zone code
- AC
- Property type
- Showrooms
- APN
- COLC M:009 B:000 L:008-002
- APU
- COLCM009B000L008002
Description
This 1,600 square foot executive office suite is available for lease at 199 Old Hartford Road, Colchester, CT 06415. Located in a Class B, two-story building constructed in 1997, this space is part of a larger 16,900 square foot multi-tenant property situated on a 1.86-acre lot. The building features 100 total parking spaces, including handicapped parking with ramps. The suite itself is ideally suited for medical professionals, boasting two private offices with separate entrances, a spacious waiting room with reception area, an administrative room, a laboratory room, a computer service room, and three exam rooms. Two handicapped-accessible restrooms are also included. The suite offers excellent visibility and signage opportunities due to its location in a high-traffic area with prominent nearby employers. The lease rate is $6 per square foot, NNN, for the initial six months. Access is convenient via Route 2, Exit 18. The property is zoned AC. This space offers a unique opportunity for a medical practice seeking a well-designed, accessible, and highly visible location. The building has no elevators.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $898,000
- AI Estimate
- $1,074,000
Market price range: $503k - $1.42MMarket price range: $713k - $1.63M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $945,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,440,000 Change: +52% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $1,035,000 Change: +10% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Colchester
- County
- New London
- State
- Connecticut
- Longitude
- -72.3453
- Latitude
- 41.5793
- CBSA code
- 35980
- CBSA name
- NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA