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$ 625,000
Est. payment | /mo
1,455 SqFt
$ 625,000
Est. payment | /mo
1,455 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,455 sqft
Price per Sqft $429
MLS Listing ID 24011033
Year Built 1901
Annual Tax Amount $5,157
Lot Size 0.320 Acres
Property Description
TURN KEY RESTAUARANT OPPORTUNITY WITH LIVING QUARTERS ABOVE THE RESTAURANT! Rare opportunity to own and re-open a well established, family run 68 seat full service restaurant (real estate included) located just steps outside of Stonington Borough. All equipment, furniture and fixtures are included. An owner/operator can run the restaurant and live upstairs offering the ability to quickly gain equity and control your own rent! Plenty of off street parking, this restaurant has a great local following! An investor can gain steady business income if desired. The second floor apartment offers 2 bedrooms, a nice open kitchen/dining/living room space with ample storage available on the finished 3rd floor. Take advantage of the growing culinary destination of Mystic/Stonington! Walk to the boatyard, shopping, library, paddle tennis, community center and highly successful and popular Velvet Mill. Quiet and attractive courtyard in back.
Location
State CT
County New London
Zoning DB-5
Interior
Heating Hot Water
Cooling Ductless
Exterior
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Thomas Switz • Switz Real Estate Associates