For Lease
$3/SF/YR

129 Mill StBerlin, CT 06037

Restaurant/Retail, High Traffic, 0.98 Acres

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial ground lease opportunity presents a rare chance to acquire a strategically located 0.98-acre parcel in the heart of Berlin, Connecticut. Situated at 129 Mill Street, this property boasts a prime corner location at the intersection of Mill Street and Webster Square, benefiting from a traffic light and an impressive Annual Daily Traffic count of 21,300 vehicles. The existing building, constructed and renovated in 2023, offers a substantial 39,204 square feet of space, currently configured for restaurant and retail use under a single tenancy. The property is classified as Class A and zoned CCD-2 within Hartford County. This location offers unparalleled accessibility, with easy access to Route 9/Berlin Turnpike, ensuring high visibility and convenient access for customers and employees. The strong demographics of the area, coupled with a high barrier to entry, make this a truly exceptional investment opportunity. The annual ground lease income is $100,000. This property represents a significant opportunity for long-term growth and profitability in a thriving commercial market. The single-tenant occupancy simplifies management and minimizes vacancy risk. Don't miss this chance to secure a premier commercial property in a high-demand location.

Highlights

  • Ground lease opportunity with a single tenant restaurant.
  • Annual rent of $100,000.
  • 0.98-acre corner lot with traffic signal at a high-traffic intersection in Berlin, CT.
  • 39,204 square feet; Class A building, built and renovated in 2023.
  • Excellent location with easy access to Route 9/Berlin Turnpike, strong demographics, and high barrier to entry.
  • Located in Hartford County, zoned CCD-2, near Webster Square.

Property Details for 129 Mill St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
39,204 SF
Class
A
Year Built/Renovated
23/23
Buildings
1

Unit(s) available at that property

Space
Size
39,204 SF
Rate per SF
$3

Location Insight

City
Berlin
County
Hartford
State
Connecticut
Latitude
41.6263183
Longitude
-72.7483507
129 Mill St, Berlin, Connecticut

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Contacts

Dan Garofalo
Dan Garofalo
Nicholas Goglia
Nicholas Goglia
Danny Garofalo Jr
Danny Garofalo Jr
Visit Broker Website

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129 Mill St, Berlin, Connecticut, 06037

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

129 Mill St
  • Dan Garofalo
    Dan Garofalo
  • Nicholas Goglia
    Nicholas Goglia
  • Danny Garofalo Jr
    Danny Garofalo Jr
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