2543–2547 Berlin Turnpike - Freestanding FOR SALE


$2,200,000 USD
860-690-7000
2543–2547 Berlin Turnpike, Newington, CT for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

2543–2547 Berlin Turnpike
Newington, CT 06111
New Britain/Newington/Wethersfield


HIGHLIGHTS

  • Two fully leased retail buildings totaling approximately 16,852 square feet situated on a 1.75-acre site along well-traveled Berlin Turnpike.
  • Highly visible location with 211 feet of frontage and one curb cut, providing strong exposure to daily traffic counts.
  • Positioned in an established retail corridor surrounded by national and regional brands, drawing consistent consumer traffic.
  • Positioned in an established retail corridor surrounded by national and regional brands, drawing consistent consumer traffic.
  • Ample on-site parking for 20 to 25 vehicles, with excellent signage opportunities enhancing visibility.
  • Recently renovated in 2021, the property offers modern updates while maintaining functional layouts for tenants.

OVERVIEW

Berlin Turnpike Retail Plaza offers investors a rare opportunity to acquire two fully leased retail buildings on a 1.75-acre site in one of Central Connecticut’s most established commercial corridors. Totaling approximately 16,852 square feet, the property features strong tenancy and recent renovations completed in 2021, ensuring continued appeal and operational efficiency. The site provides 211 feet of frontage along Berlin Turnpike, a highly trafficked route with excellent visibility and direct access to major highways, enhancing long-term investment stability. Ample on-site parking for 20 to 25 vehicles and zoning that supports retail uses further strengthen its market position. Surrounding the property is a robust mix of national and regional retailers, including Target, Walmart, Lowe’s, and ALDI, creating a high-demand retail environment. This established corridor consistently drives consumer traffic, supporting tenant performance and occupancy. With strong demographics within a five-mile radius and limited barriers to entry in this location, Berlin Turnpike Retail Plaza presents a secure, income-generating asset positioned for future appreciation.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2543-2547 Berlin Turnpike Portfolio

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

B-BT

APN/PARCEL ID

NEWI-000023-000153

ASK ABOUT THIS PROPERTY

Nicholas MorizioColliersMore Info
860-690-7000

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Nicholas MorizioColliersMore Info
860-690-7000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.