1224 Farmington AveBerlin, CT 06037

Property Details for 1224 Farmington Ave

Year built

1950

Construction

FRAME

Lot size

0.26 AC

Property size (Sq ft)

5,520 SF

Zone code

CCD-2

Property type

Retail properties

Property subtype

Other retail properties

APN

BERL M:9-4 B:95 L:1

APU

BERLM94B95L1

Description

This exceptional 1,000 square foot office space is situated in a vibrant Berlin, CT plaza, sharing the building with established businesses. Located on a high-traffic state road, this second-floor unit offers excellent visibility and accessibility. The space features a private bath, reception area, and a convenient kitchenette. While there is no elevator, the open layout provides flexibility for various uses, including but not limited to CPA firms, legal practices, yoga studios, computer services, or consulting businesses. The property boasts ample off-street parking with 30 spaces available for tenants and visitors. Utilities are tenant-responsible, along with a shared portion of snow removal costs. The building is zoned B-1, offering versatility for a range of professional services. Its convenient location provides easy access to major highways, ensuring seamless commutes for employees and clients. This is a fantastic opportunity to establish or expand your business in a thriving commercial center. The space is immediately available. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,341,553

  6.5%

  $1,238,356

  7%

  $1,149,902

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,817,533

  Geo Method

  $1,817,533

• Alternative Use

  Use

  Valuation

  Residential

  $1,044,600

  Hospitality

  $956,848

  Educational

  $796,086

  Medical

  $823,465

  Retail

  $1,238,356

Location Insight

City

Berlin

County

Hartford

State

Connecticut

Latitude

41.6276

Longitude

-72.7555

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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