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Property profile & analytics

116 Main St Berlin, CT 06037-2639

  • Auto shops
  • 1,530 SF
  • 1.06 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US15-0396779
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

  • 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

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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

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
$4,874
$97,800
$67,100
$164,900
-
$0.00
$0.00
$0.00
More about this property
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