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1474 Wilbur Cross Hwy 4,301 SF Retail Building Berlin, CT 06037 $1,300,000 ($302.26/SF)
INVESTMENT HIGHLIGHTS
- Busy Berlin Tpke location with 200' frontage.
- Pylon sign.
- Flat, level lot with two curb cuts.
EXECUTIVE SUMMARY
A prime investment opportunity at 1474 Berlin Turnpike, Berlin CT. This 4,301 SF building, presenting a compelling prospect for retail/street retail investors. Zoned BT-1, the property features a prime location with 200' of frontage on the bustling Berlin Turnpike, offering excellent visibility and accessibility with two curb cuts and a prominent pylon sign. Situated on a flat, level lot, this property is strategically positioned for success in the thriving Berlin area. Business included in the sale.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,301 SF
Building Class
C
Year Built
1950
Price
$1,300,000
Price Per SF
$302.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.92 AC
Zoning
BT-1
Parking
42 Spaces (9.77 Spaces per 1,000 SF Leased)
Frontage
150’ on Wilbur Cross
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | BERL-000163-000117-000018E-007298 | Improvements Assessment | $287,000 |
| Land Assessment | $114,000 | Total Assessment | $401,000 |
PROPERTY TAXES
Parcel Number
BERL-000163-000117-000018E-007298
Land Assessment
$114,000
Improvements Assessment
$287,000
Total Assessment
$401,000
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1474 Wilbur Cross Hwy
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