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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
- Two fully leased retail buildings totaling approximately 16,852 square feet situated on a 1.75-acre site along well-traveled Berlin Turnpike.
- Positioned in an established retail corridor surrounded by national and regional brands, drawing consistent consumer traffic.
- Ample on-site parking for 20 to 25 vehicles, with excellent signage opportunities enhancing visibility.
- Highly visible location with 211 feet of frontage and one curb cut, providing strong exposure to daily traffic counts.
- Positioned in an established retail corridor surrounded by national and regional brands, drawing consistent consumer traffic.
- Recently renovated in 2021, the property offers modern updates while maintaining functional layouts for tenants.
Executive Summary
Berlin Turnpike Retail Plaza offers investors a rare opportunity to acquire two fully leased retail buildings on a 1.75-acre site in one of Central Connecticut’s most established commercial corridors. Totaling approximately 16,852 square feet, the property features strong tenancy and recent renovations completed in 2021, ensuring continued appeal and operational efficiency.
The site provides 211 feet of frontage along Berlin Turnpike, a highly trafficked route with excellent visibility and direct access to major highways, enhancing long-term investment stability. Ample on-site parking for 20 to 25 vehicles and zoning that supports retail uses further strengthen its market position.
Surrounding the property is a robust mix of national and regional retailers, including Target, Walmart, Lowe’s, and ALDI, creating a high-demand retail environment. This established corridor consistently drives consumer traffic, supporting tenant performance and occupancy. With strong demographics within a five-mile radius and limited barriers to entry in this location, Berlin Turnpike Retail Plaza presents a secure, income-generating asset positioned for future appreciation.
The site provides 211 feet of frontage along Berlin Turnpike, a highly trafficked route with excellent visibility and direct access to major highways, enhancing long-term investment stability. Ample on-site parking for 20 to 25 vehicles and zoning that supports retail uses further strengthen its market position.
Surrounding the property is a robust mix of national and regional retailers, including Target, Walmart, Lowe’s, and ALDI, creating a high-demand retail environment. This established corridor consistently drives consumer traffic, supporting tenant performance and occupancy. With strong demographics within a five-mile radius and limited barriers to entry in this location, Berlin Turnpike Retail Plaza presents a secure, income-generating asset positioned for future appreciation.
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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