Value Add Office Building-Connecticut | Industrial Potential

Description:

Ri Marketplace Online Auction October 27th-29th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2729/value-add-office-building-connecticut-industrial-potential?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=office_2729

Marcus & Millichap and RI Marketplace are pleased to present the sale of 599 Research Parkway, a ±51,750-square-foot, three-story office building located in Meriden, Connecticut. Offered via absolute auction with no reserve, this property presents a rare opportunity for investors, developers, or owner-users to acquire a highly visible, well-located asset with significant repositioning potential.

Situated on 6.75 acres with ±233 surface parking spaces, the property is 100% vacant and ready for immediate occupancy or redevelopment. Originally built in 1982 and renovated in 2015, the building features ±17,250-square-foot floor plates, two elevators, LED lighting, a wet sprinkler system, and a rubber membrane roof. With flexible zoning and a large lot, the site is well-suited for a variety of uses including medical office, flex/industrial conversion, or multi-tenant office.

Strategically located just 0.4 miles from I-91, the property offers excellent regional connectivity to Hartford (20 miles), New Haven (18.5 miles), and Springfield, MA (25 miles). Its visibility from the highway and proximity to major Northeast markets—including New York City and Boston—make it an ideal candidate for repositioning.

Lamar P. Fisher
Fisher Auction Company Inc.
License: Internet Auctions Exempt from Licensing
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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