Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

917 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

GROUND LEASE OR PURCHASE REDEVELOPMENT SITE 176 Berlin Tpke

25 Room Hotel Berlin, CT 06037 $2,495,000 ($99,800/Room)

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Prime location, excellent redevelopment opportunity.
Great Frontage on the Turnpike

For Sale or Lease / Ground Lease Option Available
Adjacent to New Mixed Use Retail Plaza

Executive Summary

PRIME INVESTMENT LOCATION REDEVELOPMENT SITE SOUGHT AFTER CORRIDOR OF THE TURNPIKE
Ground Lease Option $100,000 nnn annual
Approximately 1.72 acres 150 Ft Frontage on (RT 5) BT-1 zone allows for many redevelopment uses including but not limited to Retail, Office, Residential Apartment/Retail Mixed Use, Storage Facility, Car wash
Call for Ground Lease Price/Options
Zoning Permitted uses: Mixed Use/ Redevelopment
Gas Station/ Convience Store/Fast Food Drive-Thru/Coffee Shop
Retail Plaza
Restaurant/Fast Food/Drive-Thru
Car Wash
Retail, Grocery
Apartments
Office/Commercial Uses

Property Facts

Price	$2,495,000	Building Size	11,090 SF
Price Per Room	$99,800	No. Rooms	25
Sale Type	Investment	No. Stories	1
Sale Conditions	Ground Lease (Leased Fee) Lease Option Redevelopment Project	Year Built	1930
Property Type	Hospitality	Tenancy	Single
Property Subtype	Hotel	Parking Ratio	3.16/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	1.72 AC

Price	$2,495,000
Price Per Room	$99,800
Sale Type	Investment
Sale Conditions	Ground Lease (Leased Fee) Lease Option Redevelopment Project
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	1.72 AC
Building Size	11,090 SF
No. Rooms	25
No. Stories	1
Year Built	1930
Tenancy	Single
Parking Ratio	3.16/1,000 SF
Corridor	Exterior

Amenities

Public Access Wifi

Room Mix Information

Description	No. Rooms	Daily Rate	SF
Guest Room	25	$70.00	-

1 of 1

aerial
map

176 Berlin Tpke, Berlin, CT - aerial map view - Image1

176 Berlin Tpke, Berlin, CT - aerial map view - Image2

PROPERTY TAXES

Parcel Number	BERL-000044-000082-000016	Improvements Assessment	$232,800
Land Assessment	$188,000	Total Assessment	$420,800

PROPERTY TAXES

Parcel Number

BERL-000044-000082-000016

Land Assessment

$188,000

Improvements Assessment

$232,800

Total Assessment

$420,800

zoning

Zoning Code	BT-1 (Mixed Use/ Redevelopment Gas Station/ Convience Store Restaurant/Fast Food/Drive-Thru Car Wash Retail, Grocery Apartments Office/Commercial Uses)
BT-1 (Mixed Use/ Redevelopment Gas Station/ Convience Store Restaurant/Fast Food/Drive-Thru Car Wash Retail, Grocery Apartments Office/Commercial Uses)