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900 Farmington Ave Turnkey Investment 2 Properties Offered at $2,685,000 in Berlin, CT

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INVESTMENT HIGHLIGHTS

  • New roofs and HVAC Systems.
  • Street Level Retail
  • 2 Curb Cuts
  • Long-term Leases
  • 73 Parking Spaces
  • Quick Access to Rt. 9, Rt. 5, & Rt. 372

EXECUTIVE SUMMARY

O,R&L Commercial is pleased to present an Investment Opportunity of 2 Fully Leased Retail Buildings with long-term NNN leases for Sale at 892-900 Farmington Avenue in Berlin (Kensington), CT.
892-900 Farmington Avenue presents a standout opportunity to acquire a fully stabilized, turnkey commercial investment in one of Central Connecticut’s most dependable service-oriented corridors. The property consists of two renovated buildings occupied by three established, e-commerce-resistant tenants, each providing essential, in-person services that anchor long-term tenancy and durable cash flow.
Ownership has recently completed all major capital improvements—covering structural, mechanical, and aesthetic upgrades—creating a low-maintenance, low-risk investment with minimal near-term CapEx requirements. This positions the asset for strong, predictable performance from day one.
A key value driver is the property’s location directly across the street from a brand-new 72-unit apartment and mixed-use development, bringing immediate built-in foot traffic, daily activity, and long-term demand to the corridor. This complementary residential density enhances the viability of each tenant and strengthens the asset’s future appreciation potential.
The tenant mix—comprising sticky, service-based operators that rely on physical presence—offers a resilient revenue profile insulated from e-commerce disruption. With all spaces fully leased, investors benefit from immediate, diversified rental income backed by tenants with demonstrated staying power.
Situated along highly visible Farmington Avenue, the property enjoys excellent access, strong demographics, and a growing residential base that continues to drive local spending. Combined, these fundamentals make 892 Farmington Avenue a superior choice for investors seeking a stable, renovated, multi-tenant commercial asset with strong surrounding growth and long-term value preservation.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual -
Net Operating Income
Annual $99,999

PROPERTY FACTS

Price $2,685,000
Price / SF $119.94 / SF
Cap Rate 8.12%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 22,386 SF
Total Land Area 4.14 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
892 Farmington Ave, Berlin, CT 06037 Flex 8,288 SF 1999 -
900 Farmington Ave, Berlin, CT 06037 Retail 14,098 SF 1960 -
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  • Listing ID: 35009573

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: 900 Farmington Ave Turnkey Investment, Berlin, CT

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