259-279 New Britain Road, Berlin, CT 06037 (MLS # 170591960)

Price $3,200,000
Status Active
Size 28,916 sqft
Lot Size 1.87 ac
Days on Market 251
Excellent investment opportunity available in Berlin. Two buildings on 1.87 acres. Building one is a 2,120 square foot retail building that is currently home to a barber shop and a bakery. The addition of a drive thru may be possible and would greatly increase the possible rental income. Also included is a nearly 30,000 office building. A nice mix of tenants supply a steady stream of income to the owner. As of today, there are two vacancies, a 3,652 foot space and a 2,400 foot space. The property is well maintained and the brick buildings structurally sound. Perfect scenario to place your business in the vacant space and to become your own Landlord or as a savy investor, you can go to work on increasing income and reducing expenses day one and enjoy great returns. Be sure to take a close look at this one.
Property Type(s): Commercial
Last Updated 3/8/2024 Year Built 1954
County Hartford

Price History

Prior to Mar 8, '24 $3,600,000
Mar 8, '24 - Today $3,200,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
HEAT Heat Pump, Natural Gas, Oil
LOT 1.87 acre(s)
LOT DESCRIPTION Sloped
SEWER Public Sewer
TAXES 44594
UTILITIES Cable Available, Natural Gas Available
WATER Public
ZONING CCD-1

Location

 

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