Nestled in the heart of Connecticut, this prime commercial land spans 6.25 acres across three parcels, offering a wealth of possibilities. With 440 feet of road frontage and direct access from the southbound lanes of Route 5/15, the property boasts exceptional visibility, averaging over 50,000 vehicles per day. The Berlin Turnpike is a major commercial hub and access way that runs from Boston to New Haven. Recent improvements include the removal of a former structure and completion of a Phase 1 Environmental Site Assessment. Now approved zoning BT-1, the site supports various uses such as medical clinics, health facilities, car washes and more! Schedule your tour today and begin your next investment!
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Listing courtesy of Mary Sutera, Carbutti & Co., Realtors Email: Marysutera.re@gmail.com
1162 Berlin Turnpike, Berlin, CT, 06037
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
