Building Details

Tenancy Multi

Listing Agency: William Raveis Real Estate k***@raveis.com Show Phone

Listed By: Harry Finer · License #RES.0773489 Show Phone

Source: Exprealty

Added: Oct 2 Changed: Nov 1 Last Checked: Nov 1 at 3:12PM

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Investment Insights

Based on property information with market context.

Unit A is offered for lease in a remodeled building on Farmington Avenue. The space is presented for office, salon, barber, or retail use, providing several potential business applications within a retail property setting.

The property is near Berlin Train Station, with a stated daily traffic flow of 15,000 vehicles on Farmington Avenue.

Key Highlights

• Unit A is available for lease
• Remodeled building on Farmington Avenue
• Reported daily traffic flow of 15,000 vehicles

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply

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

15,000 VPD

Traffic count

Multi-tenant

Tenancy

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

203

Businesses Nearby

Explore this area Business Placement

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

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

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Frequently Asked Questions

What type of property is this?

Retail space - Unit A is suited to office, personal-service, or retail business use.

Where is this retail space located?

The property is located at A-873 Farmington Avenue Berlin, CT.

What is the lease rate?

The lease rate is $1,500/Mo.

What are key features of this property?

This property features: Unit A is available for lease; Remodeled building on Farmington Avenue; Reported daily traffic flow of 15,000 vehicles