Berlin CT Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 35,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 6.65 Acres
- Year built:
- 1989
- Baths:
- MLS#:
- 24051629
- Subdivision:
- East Berlin
ADDITIONAL INFORMATION
$39OK NOI Anchored by Global Tenant Regus since 1998 with recent lease renewal price listed is starting bid on tenx 11.18.24 Mill Crossing, situated at 1224 Mill Street, is an excellent opportunity for both investors and owners/users, with 35,270 square feet in three buildings and excess land for additional development. Built in 1995 and meticulously maintained over the years this asset is primed to be an excellent investment. The property comes equipped with a 6.65-acre lot and over 200 parking spaces perfect for both employees and visitors. The simple facade and well-groomed landscaping surrounding the asset makes it ideal for tenancy. New ownership can continue to run the property as-is while collecting incomes from in-place tenants Buyers can also revamp current tenant leases to yield a higher net operating income. Alternatively, this is an excellent opportunity for owners/users with excess land for new develoment of medical or apartments subject to town approval. Berlin is at the crossroads of Central Connecticut, where Interstate 91 merges with Route 9, making it the perfect place for office investment. The area has a very low vacancy of 2.3% which is 0.4% lower than it was this time last year. Current vacancy is lower than its trailing three-year average of 3.2%, which is also lower than the 9.7% trailing three-year average of the Hartford market as a whole. Rents have increased in the past 12 months.
$7,500,000
280 Berlin Turnpike Berlin, CT 06037
- Type:
- General Commercial
- Sq.Ft.:
- 10,125
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 6.48 Acres
- Year built:
- 1999
- Baths:
- 2.00
- MLS#:
- 24018210
- Subdivision:
- Kensington
ADDITIONAL INFORMATION
UNBELIEVABLE REDEVELOPMENT OPPORTUNITY AT MAJOR SIGNALIZED CORNER ON THE BUSY, GROWING RETAIL CORRIDOR OF THE BERLIN TURNPIKE. 6.48 ACRES +/- (3 PARCEL) SITE SITS ON THE NW QUADRANT OF THE BERLIN TURNPIKE & DEMING ROAD. FLAT, CLEAN AND READY TO DEVELOP. SELLERS WILL ENTERTAIN YOUR SOLID OFFERS. GREAT LOCATION FOR RESTAURANT, MEDICAL WALK IN CLINIC, HOTEL, RETAIL AND ALSO MIXED USE DEVELOPMENTS WELCOME.
$1,695,000
237 New Britain Road Berlin, CT 06037
- Type:
- General Commercial
- Sq.Ft.:
- 8,514
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.97 Acres
- Year built:
- 2008
- Baths:
- 5.00
- MLS#:
- 24016944
- Subdivision:
- Kensington
ADDITIONAL INFORMATION
For over 25 years serving authentic ethnic cuisine now the real estate and all is contents of furniture, fixtures and equipment available for the listing price of $1,695,000. With owner financing negotiable. All pro five star interior + exterior design. Gorgeous ballroom for up to 220 people, also upstairs private parties for 40. Perfect for corporate events, weddings and parties.
$999,900
529 Berlin Turnpike Berlin, CT 06037
- Type:
- General Commercial
- Sq.Ft.:
- 14,922
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.24 Acres
- Year built:
- 1945
- Baths:
- MLS#:
- 170596867
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Location! Location! Location! A Great Spot for you new business.... purchase and build - Office/ Medical / Restaurant - BT-1 Zone Building in ASIS Condition
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Berlin Real Estate
The median home value in Berlin, CT is $390,000. This is higher than the county median home value of $304,000. The national median home value is $338,100. The average price of homes sold in Berlin, CT is $390,000. Approximately 80.33% of Berlin homes are owned, compared to 15.69% rented, while 3.98% are vacant. Berlin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Berlin real estate agent to arrange a tour today!
Berlin, Connecticut has a population of 20,107. Berlin is more family-centric than the surrounding county with 29.49% of the households containing married families with children. The county average for households married with children is 29.12%.
The median household income in Berlin, Connecticut is $101,853. The median household income for the surrounding county is $80,320 compared to the national median of $69,021. The median age of people living in Berlin is 47.6 years.
Berlin Weather
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 50.3 inches per year, with 34.8 inches of snow per year.