116 Main St Berlin, CT 06037-2639
- Auto shops
- 1,530 SF
- 1.06 lot acres
Current Use by Public Records
- Rich's Citgo / Auto Repair Shop
Property Details for 116 Main St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.06 lot acres
- Property size
- 1,530 SF
- Zone code
- R-11
- Property type
- Auto shops
- APN
- BERL M:9-3 B:54 L:5
- APU
- BERLM93B54L5
Description
This exceptional commercial property located at 116 Main Street in Berlin, Connecticut presents a unique investment opportunity. The property encompasses a well-maintained 1,530 square foot building situated on a level, cleared 1.06-acre lot. The building itself is ideally suited for an auto repair business, boasting three spacious bays perfect for servicing vehicles and a dedicated office area for administrative tasks. The existing business has an established presence and includes a used car license, offering immediate revenue potential for a new owner. The property's ample lot size provides significant expansion possibilities, allowing for future growth and development. The asking price of $725,000 represents exceptional value considering the combination of the building, land, and established business. This turnkey operation is ready for a new owner to step in and continue its success or to explore alternative uses given the versatile nature of the building and the substantial lot size. The property's prime location in Berlin, CT offers easy access to major transportation routes and a strong local customer base. This is a rare opportunity to acquire a profitable business and valuable real estate in a desirable location. Serious inquiries are encouraged.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Berlin
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.7752
- Latitude
- 41.6305
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA