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Property profile & analytics
FOR LEASE
Office buildings

1436 Berlin Tpke 2A Berlin, CT 06037

11,232 SF 1.05 ac lot Built 1985
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US15-0629150
Property summary
AI-generated overview

This exceptional 1,650 sq ft traditional office space is located on the highly visible Berlin Turnpike (Route 5/15) in Berlin, CT, zip code 06037. The second-floor space offers versatile configurations, easily subdivided to create independent office suites, ranging from approximately 1,360 sq ft to a maximum contiguous space of approximately 3,010 sq ft. Currently, two spaces are available: one 1,360 sq ft space with three private offices and a large open area, and a 1,650 sq ft space, previously a gym, featuring one private office and a large open area. The building provides ample parking with 40 spaces. This prime location offers easy access to I-84 and I-91, making it ideal for various professional businesses or medical practices. Utilities are the responsibility of the tenant. The property boasts excellent visibility and convenient access, presenting a unique opportunity to establish a business in a highly sought-after area of Berlin, Connecticut. This space is perfect for businesses seeking a flexible and convenient location with high visibility.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction STEEL FRAME
Total area 11,232 SF
Lot 1.05 ac (45,738 SF)
Zoning code BT-1
APN BERL M:16-3 B:117 L:18C
UPID US15-0629150
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • New England Hypnosis & Weight Loss Weight Loss Service Hypnotherapy Service
  • New England Hypnosis and Weight Loss Alternative Medicine Practice
  • Forever In My Heart Foundation Animal Shelter Pet Adoption Service
  • Euro-American Connections & Homecare Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$794k
Blend (final) Blend
$820k
Owner & transaction history
Sibilia Holdings LLC · 12 yrs held
Sibilia Holdings LLC
since 2014
3 recorded transactions
2014
$575,000
1998
$290,760
1988
$1.0M
Zoning & alternative use
BT-1 · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.3M +4.4%
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