Avon, Connecticut: A Premier Destination for Commercial Real Estate

Introduction

Avon, Connecticut, is a thriving hub for commercial real estate, offering unique opportunities for investors and developers. As a town with a population of approximately 19,000, Avon is known for its robust economy, driven by a blend of industries including healthcare, retail, and professional services. Its strategic location within the Greater Hartford area positions Avon as a prime spot for commercial real estate (CRE) investment, with demand spanning office, retail, and industrial spaces.

Economic and Industry Overview

Avon's economy is fueled by key industries such as healthcare, retail, and professional services. The town's proximity to Hartford, a major insurance and financial services center, further enhances its appeal for office and retail spaces. Local economic development initiatives, supported by the Avon Chamber of Commerce, actively promote business growth and attract new enterprises, contributing to the demand for commercial properties.

Strategic Location and Transportation Infrastructure

Avon's strategic location offers significant logistical advantages. The town is well-connected via major highways, including Route 44 and Interstate 84, facilitating easy access to Hartford and other regional markets. Bradley International Airport, located approximately 20 miles north, provides air cargo services, supporting the distribution needs of businesses. For more information, visit the Connecticut Department of Transportation.

Commercial Real Estate Inventory & Zoning

Avon boasts a diverse CRE inventory, with significant submarkets including the central business district and retail corridors along Route 44. The town offers a mix of asset classes such as office, retail, and industrial spaces. Recent zoning updates have introduced incentives for mixed-use developments, enhancing opportunities for developers. Explore Avon's zoning maps for detailed information.

Major Employers and Institutions

Key employers in Avon include healthcare providers like Hartford HealthCare, educational institutions, and retail giants such as HomeGoods. These organizations drive demand for commercial properties, particularly in the office and retail sectors. For a comprehensive list of local businesses, refer to the Avon Chamber of Commerce Business Directory.

Notable Commercial Developments & Projects

Avon is home to several notable commercial developments, including the Avon Marketplace, which features a mix of retail and dining options. The town is also exploring opportunities in Opportunity Zones, fostering public-private partnerships to stimulate economic growth. For details on current projects, visit the Avon Planning and Zoning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Avon offers a range of tools to facilitate the planning and building process:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer
• Planning Commission
• Development Code

Market Data & Economic Reports

Investors can access a wealth of public data sets, including those from census.gov and Avon's Open Data Portal. Brevitas leverages AI-powered aggregation to provide insights from these sources, offering users real-time market data and trends. Explore Brevitas-powered dashboards for Avon, Connecticut, here.

Why Use Brevitas for Avon, Connecticut CRE?

Brevitas stands out as a premier CRE marketplace for Avon, Connecticut, offering:

• AI-driven CRE discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Unique features include auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Brevitas provides exclusive listings and premium exposure for Avon, Connecticut commercial real estate opportunities.