Restaurant / Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 30051677
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Status: Under Construction
Building Size (RSF): 3,752 SF
Gross Land Area: 1.26 Acres
Sale Price: $695,000
Unit Price: $185.23 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Restaurant / Retail
Usable Size (USF): 3,752 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/29/2017

Overview / Comments

A great location on Boston Post Rd., with close proximity to Max's Place shopping center and Bennie's shopping center. This property sits at the traffic light at Chalker Beach Rd which makes access so easy. The building was completely renovated in 2007 with restaurant addition in 2008. Turnkey with all new equipment. Deli with separate entrance equipped with multiple display cases. 45-seat dining room and bar with coffered ceilings and quality finishes and gas fireplace. Open kitchen area and handcrafted bar with seating. Outdoor dining in season. Second floor with separate entrance ideal for commercial use or apartment.

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Middlesex
Zoning: B-4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Chalker Beach Rd and Center Rd.
Property Visibility: Excellent
Largest Nearby Street: Chalker Beach Rd.
Feet of Frontage: 358
Traffic/Vehicle Count: 15,000
Highway Access: Boston Post Rd. and corner of Chalker Beach Rd. Sign in front. From I-95, exit 66 (Route 166) past Max's Place Shopping Center. At light at Route 1 go left. Property on right.
Site Description: Directly on Route 1 at a traffic light.
Area Description: Very busy Route 1. Population doubles in the summer in this seaside town.
Tenancy: Multiple Tenants
Total Number of Buildings: 12
Property Condition: Excellent
Year Renovated: 2008
Total Parking Spaces: 19
Parking Type: Surface
Parking Description: Paved lot
Air Conditioning: Engineered System
Interior Description: Set up for a restaurant with tables and chairs and all kitchen equipment.
Zoning Description: B-4. Business District
Lot Frontage: 358
Water Service: Municipal
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,452 14,430 28,826
Median Age: 48.5 49.13 48.49
Households: 1,187 6,040 12,182
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