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Office Medical

AUCTION - 599 Research Pkwy

599 Research Pkwy, Meriden, CT 06450

Starting Bid: $500,000

Gross SF
51,750
Rentable SF
51,750
Price/Gross SF
$9.66
Year Built
1982
Lot Size
6.75 acres
Auction Type
Reserve
Auction Start Date
Oct 27, 2025
Auction End Date
Oct 29, 2025

Investment Overview

Register to Bid and Access Due Diligence Documents on **RealINSIGHT Marketplace: https://rimarketplace.com/auction/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.

Investment Highlights

  • AUCTION - October 27-29, 2025 | Starting Bid: $500,000
  • Large, Flexible Asset: ±51,750 SF across three floors with ±17,250 SF floor plates; ideal for single or multi-tenant use.
  • Redevelopment Potential: Situated on 6.75 acres with ample parking and flexible zoning—suitable for medical, office, or industrial conversion.
  • Highway Visibility: Prominent exposure from I-91 and easy access to I-84 and I-95.
  • Strategic Location: Centrally located in Meriden, CT—within 30 minutes of Hartford and New Haven, and under 2 hours from NYC and Boston.
  • Modern Infrastructure: Renovated in 2015 with LED lighting, wet sprinkler system, rubber membrane roof, and two elevators.
  • Ample Parking: ±233 surface spaces support a wide range of commercial uses.

Exclusively Listed By

Broker of Record

  • John Krueger

    VP, National Director of Development and Training

    (212) 430-5157

    License(s) CT: REB.0791913

    Connecticut

Office Medical

AUCTION - 599 Research Pkwy

Starting Bid: $500,000

Gross SF
51,750
Rentable SF
51,750
Price/Gross SF
$9.66
Year Built
1982
Lot Size
6.75 acres
Auction Type
Reserve
Auction Start Date
Oct 27, 2025
Auction End Date
Oct 29, 2025

Investment Highlights

  • AUCTION - October 27-29, 2025 | Starting Bid: $500,000
  • Large, Flexible Asset: ±51,750 SF across three floors with ±17,250 SF floor plates; ideal for single or multi-tenant use.
  • Redevelopment Potential: Situated on 6.75 acres with ample parking and flexible zoning—suitable for medical, office, or industrial conversion.
  • Highway Visibility: Prominent exposure from I-91 and easy access to I-84 and I-95.
  • Strategic Location: Centrally located in Meriden, CT—within 30 minutes of Hartford and New Haven, and under 2 hours from NYC and Boston.
  • Modern Infrastructure: Renovated in 2015 with LED lighting, wet sprinkler system, rubber membrane roof, and two elevators.
  • Ample Parking: ±233 surface spaces support a wide range of commercial uses.

Investment Overview

Register to Bid and Access Due Diligence Documents on **RealINSIGHT Marketplace: https://rimarketplace.com/auction/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.

Exclusively Listed By

Broker of Record

  • John Krueger

    VP, National Director of Development and Training

    (212) 430-5157

    License(s): CT: REB.0791913

    Connecticut

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