Rocky Hill, CT 06067,546 Cromwell Avenue

$1,450,000

$1,450,000

Est.Price: ?

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Est. payment /mo

10,350 SqFt


SOLD DATE : 03/19/2025

Key Details

Sold Price $1,450,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 10,350 sqft

Price per Sqft $140

MLS Listing ID 24051631

Sold Date 03/19/25

Year Built 1993

Annual Tax Amount $36,313

Lot Size 0.910 Acres

Property Description

215K NOI | Anchored by National Tenant Optum Healthcare owned by UnitedHealth Group UnitedHealth Group Incorporated is an American multinational health insurance and services company based in Minnetonka, Minnesota. Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's eleventh-largest company by revenue and the largest health care company by revenue. The company is ranked 10th on the 2023 Fortune Global 500. UnitedHealth Group had a market capitalization of $477.4 billion as of August 7, 2023. 546 Cromwell Avenue is an excellently positioned 10,384-square-foot medical office located within Rocky Hill, Connecticut, a town in the Greater Hartford metropolitan statical area. Built in 1993, this two-story medical property is ideally situated over a 0.91-acre lot with ample on-site surface parking. The multi-tenant property is home to synergetic healthcare tenants and is encircled by similar businesses, drawing demand to the area. 546 Cromwell Avenue boasts optimum accessibility as it is conveniently located less than a mile from Interstate 91, providing direct access to Downtown Hartford via a 12-minute commute.

Location

State CT

County Hartford

Zoning C

Interior

Heating Hot Air

Cooling Central Air

Exterior

Utilities Available Electric, Gas

Roof Type EPDM Synthetic Rubber

Building

Lot Description Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Michael Guidicelli • Regions Real Estate Advisors
Bought with Michael Guidicelli • Regions Real Estate Advisors
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