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2543-2547 Berlin Turnpike Portfolio 2543–2547 Berlin Turnpike 16,852 SF Retail Building Newington, CT 06111 $2,200,000 ($130.55/SF)
Investment Highlights
- Established retail corridor with national and regional
- Excellent signage opportunity
- Parking: 20-25 spaces
- Strong daily traffic counts
- Built in 1954 & 1962; Renovated in 2021
- 211’ on Berlin Tpke (with 1 curb cut)
Executive Summary
Two fully leased retail buildings on a 1.75 acre site for sale on well-traveled Berlin Turnpike.
±16,852 sf fully leased retail buildings:
2543 Berlin Turnpike: ±1,760 sf Storage/Garage Area
2545 Berlin Turnpike: ±7,092 sf
2547 Berlin Turnpike: ±8,000 sf
±16,852 sf fully leased retail buildings:
2543 Berlin Turnpike: ±1,760 sf Storage/Garage Area
2545 Berlin Turnpike: ±7,092 sf
2547 Berlin Turnpike: ±8,000 sf
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,852 SF
Building Class
C
Year Built/Renovated
1954/2021
Price
$2,200,000
Price Per SF
$130.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.75 AC
Zoning
B-BT
Parking
20 Spaces (1.19 Spaces per 1,000 SF Leased)
Frontage
211’ on Berlin Tpke
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NEWI-000023-000153 | Improvements Assessment | $636,890 |
| Land Assessment | $376,250 | Total Assessment | $1,013,140 |
Property Taxes
Parcel Number
NEWI-000023-000153
Land Assessment
$376,250
Improvements Assessment
$636,890
Total Assessment
$1,013,140
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2543-2547 Berlin Turnpike Portfolio | 2543–2547 Berlin Turnpike
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