259 New Britain Road
Berlin, Connecticut
$3,200,000 Price
- Bedrooms   - Baths

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...

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.

Listing courtesy of Coldwell Banker Commercial Nrt

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Berlin, Connecticut
Type: Commercial
Price: $3,200,000
Approx. sqft: 28,916 sf
Web ID: 170591960

Info & Amenities

Type: Commercial
Built: 1954

Map of Area for 259 New Britain Road