Development Opportunity in Suffield, CT

Retail-Commercial for Sale
Catylist Listing ID: 30342268
Property Subtypes: Mixed Use, Restaurant, Other
Building Size (RSF): 131,797 SF
Gross Building Area: See Agent
Gross Land Area: 56.10 Acres
Sale Price: $3,500,000
Unit Price: $26.56 PSF
Property Use Type: Investment, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

1760 Mapleton Avenue consists of 56.1 acres of land located approximately .5
miles south of the MA/CT state line. The property has +/-1,556 linear feet of frontage on Mapleton Avenue. There are sports recreation fields, and boat access to the CT River may be created along the property’s 900’ of water
frontage.

• 164 dormitory style residential units
• Meeting rooms
• Auditorium
• Weight room, gym, swimming pool and student lounge
• Former chapel and library have 20’+ ceilings - Convertible to function rooms
• Large kitchen facilities and dining room
• Office space and meeting rooms

Attachments & Media

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Hartford
Zoning: R-45
Area Description: The main building and improvements sit on +/-12 acres of the 56 acre parcel. There are two curb cuts on Mapleton Avenue, paved driveways, and asphalt paved parking lots illuminated by pole lights in the front and rear of the main building. There is a monument sign at the entrance.
Year Built: 1960
Year Renovated: 2014
Total Parking Spaces: 325
Parking Ratio: 2.5 (per 1000 SF)
Zoning Description: R-45 Allows for active adult, assisted living, private membership club, school, residential, conference center

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,579 44,602 144,493
Median Age: 37.17 41.66 39.9
Households: 618 17,512 54,306

Contact

Photograph of Listing Agent

Nicholas R Morizio

Colliers International CTCList Member
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