30 Ml StFarmington, CT 06085

Property Details for 30 Ml St

Year built

1969

Lot size

0.64 AC

Property size (Sq ft)

10,288 SF

Zone code

UC

Property type

Office buildings

APN

FARM M:0012 B:4-12600030

APU

FARMM0012B412600030

Description

This exceptional Unionville, CT office building, formerly Ryan's Pharmacy, presents a unique investment opportunity. The 10,288 square foot, two-story building sits on a 0.63-acre lot and offers a blend of traditional office and medical spaces. Approximately 3,000 square feet are meticulously designed as medical offices, complete with nine exam rooms, a separate entrance and reception area, a lab, provider offices, and a break room—all built just four years ago. The first floor also includes a yoga studio and additional office space, allowing for a total of 5,144 contiguous square feet of leasable space. The second floor comprises two separate office units, one measuring 610 square feet and the other 884 square feet, offering flexibility for various business needs. These units can be leased individually or combined for a total of 1,496 contiguous square feet. Ample parking is provided with 44 spaces available, some of which can be designated for patient parking. The building is conveniently located in the Unionville section of Farmington, approximately five miles from I-84, and benefits from prominent road signage. This property offers a compelling combination of established medical infrastructure and adaptable office space, making it ideal for a variety of businesses. The building was constructed in 1969 and currently has five suites. A total of 6,613 square feet is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,700,914

  6.5%

  $1,570,074

  7%

  $1,457,926

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,344,230

  Geo Method

  $1,344,230

• Alternative Use

  Use

  Valuation

  Residential

  $1,946,892

  Hospitality

  $1,783,343

  Educational

  $1,483,720

  Medical

  $1,534,748

  Retail

  $2,308,009

Location Insight

City

Unionville

County

Hartford

State

Connecticut

Latitude

41.7572

Longitude

-72.8888

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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