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Property profile & analytics

237 New Britain Rd Berlin, CT 06037

  • Turn key restaurants
  • 8,514 SF
  • 0.97 lot acres
Value Estimation
Location Intelligence
Property ID
US15-0359191
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Baltic Restaurant / Fine Dining Restaurant / Meeting Room

Property Details for 237 New Britain Rd

Year built
2008
Construction
FRAME
Lot size
0.97 lot acres
Property size
8,514 SF
Zone code
CCD-1
Property type
Turn key restaurants
APN
BERL M:3-3 B:28 L:14
APU
BERLM33B28L14

Description

This exceptional 8,514 square foot commercial property, situated on a 0.97-acre lot at 237 New Britain Road in Berlin, CT, presents a unique investment opportunity. Currently operating as a successful ethnic restaurant for over 25 years, the property includes all furniture, fixtures, and equipment (FF&E) within the asking price of $1,695,000. The stunning interior and exterior boast a five-star design, creating an elegant and versatile space ideal for a variety of uses. A highlight is the magnificent ballroom, capable of accommodating up to 220 guests, perfect for large-scale corporate events, weddings, and other celebrations. Additionally, a private upstairs area can host smaller gatherings of up to 40 people. The property's established history and high-quality amenities offer immediate income potential and significant long-term growth prospects. Owner financing is negotiable, making this an attractive proposition for discerning investors seeking a turnkey operation in a desirable Connecticut location. The property's prime location and versatile design make it an exceptional opportunity for both established businesses and new ventures. The inclusion of all FF&E streamlines the transition process for a seamless takeover. This is a rare chance to acquire a well-established, high-quality commercial property with significant earning potential.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Berlin
County
Hartford
State
Connecticut
Longitude
-72.7695
Latitude
41.6423
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,750
$106,100
$866,500
$972,600
-
$0.00
$0.00
$0.00
More about this property
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