Property profile

1224 Mill St Berlin, CT 06023

OFF-MARKET
Office Spaces
13,932 SF
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Property summary

AI-generated overview

This exceptional Class A office property in Adams County offers 13,932 square feet of versatile workspace, ideal for businesses of all sizes. The building, renovated in 2019, features 350 suites with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available. The property boasts a range of options, including private, fully furnished executive offices, customizable spaces, coworking areas designed for collaboration, and modern meeting rooms equipped with the latest technology. A virtual office option is also available. Amenities include a business lounge and convenient access to nearby amenities such as Walmart and Best Buy, with restaurants within walking distance. The building is conveniently located just 15 minutes from Hartford and New Haven, Connecticut's major business hubs, providing easy access to key commercial opportunities. Elevators are available for convenient access to all floors. This property offers a flexible and adaptable workspace solution, catering to diverse business needs and preferences. The building's location in a peaceful business park setting provides a productive and tranquil work environment. Various membership options are available to suit different work styles and needs, offering flexibility and freedom.

Property profile

Verified
Property type Office Spaces
Total area 13,932 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Utility Company Gas Company

Location

1224 Mill St Berlin, CT 06023
Berlin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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