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Three-Level Office Building
For Lease
$850,000

318 Main St, Berlin, CT 06037

Existing improvements include private offices, conference areas, work areas, and multiple entrances.

Space SizeContact for details
Days on Market61

Property Features for 318 Main St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $21,155
Listing Agency: LPT Realty
Listed By: Jordan Ostrofsky · License #RES.0769622
Source: Exprealty
Added: Aug 18 Changed: Oct 15 Last Checked: Oct 16 at 1:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty

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Investment Insights

Based on property information with market context.

This three-level office building contains 11,679 SF of commercial space with an established interior layout that includes private offices, conference areas, work areas, a break room, and 8 lavatories. A loading dock and multiple entrances add functional flexibility for occupants and visitors. The property may support multiple medical office suites, a single-user arrangement, or division into three separate units, subject to applicable approvals.

Located at 318 Main St in Berlin’s Kensington Village, the building occupies the CCD-2 zoning district. The source information identifies potential district uses including individual medical offices, retail shops, art and dance studios, and health and fitness clubs, with municipal approvals and zoning requirements applicable.

Key Highlights

  • 11,679 SF of office space across three levels
  • Existing layout with private offices, conference areas, and work areas
  • Potential division into three separate units

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Law Firm Building Supply Real Estate Agency HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 06037, CT

18,855
Population
7,894
Households
2.4
Avg Household Size
48
Median Age
44%
College-Educated
93%
High-School Grad
25.5 sq mi
ZIP Area
739
Density / Sq Mi
$110,443
Median Household Income
$60,018
Median Earnings
$1,429
Median Rent
$345,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Existing improvements include private offices, conference areas, work areas, and multiple entrances.
Where is this office building located?
The property is located at 318 Main St Berlin, CT.
What is the lease rate?
The lease rate is $850,000.
What are key features of this property?
This property features: 11,679 SF of office space across three levels; Existing layout with private offices, conference areas, and work areas; Potential division into three separate units
More about this property
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