Unique Opportunity - Fully Equipped Bar/Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30479689
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 6,726 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $185.85 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 6,726 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Unique opportunity to purchase Spring Glen Landmark building, currently built out and fully equipped bar/restaurant. Excellent identity on high traffic Rte. 10, 40 plus car off street parking, plenty of on street parking. Building also suitable for conversion to many other commercial uses. Very well maintained facility, high end finishes & updated mechanicals.

Additional Details

Nearest MSA: New Haven-Milford
County: New Haven
Tax ID/APN: 2429-107-00-0000
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Whitney Ave., corner of Central Ave.
Property Visibility: Excellent
Highway Access: Route 15

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,898 114,000 237,980
Median Age: 42.08 36.66 35.48
Households: 6,887 46,163 89,550


Photograph of Listing Agent

Stephen Press, SIOR

Press/Cuozzo Inc. Realtors CTCList Member
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