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Prime Commercial Opportunity | 675 Berlin Turnpike, Berlin, CT. Unrivaled Visibility. High-Volume Traffic. Turnkey Versatility. Positioned on a premier lot along a dominant commercial corridor (Route 5/Route 15), this 6, 000 SF property offers an exceptional opportunity for owner-users and investors seeking maximum brand exposure and long-term growth. Massive Traffic & Exposure: Capitalize on an impressive daily flow of 27, 000 to 35, 000+ vehicles and ~175ft of direct road frontage, acting as a built-in billboard for your business. Highly Adaptable Layout: Features a dynamic, easily configurable interior that seamlessly blends flexible office spaces with premium high-visibility retail. Perfect for a flagship corporate office, a bustling showroom, or a medical clinic. Fully serviced by city water, city sewer, and cost-efficient natural gas central heating/cooling system. Lower overhead, immediate occupancy, and zero utility headaches. Strategic Advantages: Located in the business-friendly BT-1 zoning district with a large, dedicated parking footprint ensuring seamless client access. Maximize the enduring economic strength of the Berlin Turnpike. This property perfectly aligns high traffic counts with a highly flexible physical footprint.
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For homebuyers and sellers, our Attorney Network:
$849,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $679,920 | $679,920 | $679,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,323 | $1,323 | $1,323 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,861 | $4,186 | $5,738 |
| Total Monthly Payment | $5,276 | $5,601 | $7,153 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.