505 New Britain , Berlin, CT 06037

$424,900
  • 505 New Britain , Berlin, CT 06037 Main Photo

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Active
SQUARE FEET3,487 MLS#24168825
STATUSActive PROPERTY TYPECommercial - Multiple

Property Description

Rare Mixed-Use Investment Opportunity in Prime Berlin Location! Don't miss this exceptional chance to own a mixed-use investment property in a high-traffic area of Berlin! This versatile building features four units-including one commercial space on the main level, currently leased as a barber shop, and three residential units The property also includes a full walk-out basement, currently used for storage, offering additional potential. Notable Updates/Features-Full Walk-Out Basement (storage or potential additional use), Roof (Asphalt) 2016, Flat Roof 2023, Water Heater 2020, Forced Hot Air 2000, Electrical Service Upgraded 2000 Excellent visibility in a high-traffic area. Close to train station, restaurants, shops, and all major amenities. Quick access to Route 9, Route 72, and the Berlin Turnpike. Whether you're an investor seeking income-generating property or a business owner looking to offset costs with rental income, this property offers incredible potential. The price reflects the cosmetic updates needed-making this a value-add opportunity with strong upside.

505 New Britain | MLS# 24168825

This commercial property located at 505 New Britain , Berlin, CT 06037 is currently listed for sale with an asking price of $424,900. Search Berlin real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Commercial - Multiple
Cooling: Ceiling Fans, Window Unit
Fuel Type: Electric, Natural Gas
Heating: Hot Air
Lot Size: 0.10 Acres
Roof Type: Asphalt Shingle, Flat
Taxes: $7,163
Year Built: 1900

Feature Descriptions

Days on Site: 42
Lot: Sloping Lot
Present Use: Mixed Use: 1 Commercial 3 Apartments
Road Type: State Road, Municipal Street
Sewer: Public Sewer Connected
Units: 4
Utility Features: Electric, Gas, Phone Available, Cable Available
Water: Public Water Connected

Listed By / Shown By

Listing By

Agency Name: Berkshire Hathaway NE Prop.
Agent Name: Donna Sienko
Agency Phone: (860) 515-3100

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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