1135 Farmington AveBerlin, CT 06037

  • Commercial real estate
  • 61,047 SF

Property Details for 1135 Farmington Ave

Lot size
9.12 AC
Property size (Sq ft)
61,047 SF
Zone code
CCD-2
Property type
Commercial real estate
APN
BERL M:9-4 B:84 L:22
APU
BERLM94B84L22

Description

This exceptional retail opportunity is located inside a high-traffic Stop & Shop supermarket, offering unparalleled visibility and access to thousands of weekly customers. The 475 square foot space boasts a prime, front-of-store location, ensuring maximum customer interaction. This "Store-Within-A-Store" concept provides a range of benefits, including a fixed monthly fee encompassing real estate taxes, property insurance, common area maintenance, and utilities. The space allows for both interior and exterior branding and signage, maximizing exposure. Situated in a thriving trade area with a desirable customer base in Hartford County, Connecticut, this location is ideal for various retail uses. Suitable businesses include financial institutions (banks and credit unions), service businesses (pack & ship, repair services, dry cleaning), health and wellness providers (optical, chiropractors, weight management), insurance agencies, and real estate offices. Prohibited uses include food and beverage services, restaurants, and smoke shops. This is a unique opportunity to establish your business within one of the Northeast's most recognizable grocery store chains. The space is currently vacant and ready for immediate occupancy. The property is a single-tenant retail space within a larger building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,552,480
    Hospitality
    $10,582,010
    Educational
    $8,804,108
    Medical
    $9,106,895
    Retail
    $13,695,279

Location Insight

City
Berlin
County
Hartford
State
Connecticut
Latitude
41.6302
Longitude
-72.756
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$233,409
$1,032,900
$6,863,200
$7,896,100
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FAQs

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