Former Restaurant/Bar For Sale within 7 miles of UConn Storrs Campus

Retail-Commercial for Sale
Catylist Listing ID: 30443683
Property Subtypes: Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 9,000 SF
Gross Land Area: 2.89 Acres
Sale Price: $699,900
Unit Price: $77.77 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 9,000 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 2/24/2020

Overview / Comments

REDUCED! This property is on 2.89 level acres and includes a 9,000sf former restaurant/bar building and a 1,944sf two family house. The commercial property was built 1989 includes parking for about 200. Both properties have a septic and well. Commercial property uses propane fuel for heat. Assessed value is $531,700. This property is now $699,900. Owner/Agent. Also 3,000sf – 9,000sf available For Lease. Only 7 miles to Univ. of CT Storrs Campus.

PERMITTED USES: Retail, Restaurant, Food + beverage stores for sale of groceries – not including sale of liquor, Banking, Personal service, Fitness/Dance facilities, Professional Office, Day Care Center…

BY SPECIAL PERMIT: Outdoor cafes in association with a restaurant, Liquor stores, Walk-In Clinics and Medical Laboratories, Veterinary Clinic…

Additional Details

Nearest MSA: Worcester
County: Windham
Taxing Authority: Ashford
Retail Clientele: General, Family, Business, Recreation, Other
Property Visibility: Fair
Feet of Frontage: 600
Traffic/Vehicle Count: 6,500
Highway Access: I-84 East Exit 69. Take Route 74 East (aka Tolland Tpk & Nott Hwy) about 7 miles. On right. I-84 West Exit 72. Turn left onto Route 89 south about 8 miles. Turn right onto Route 44, then right onto Route 74 (aka Nott Hwy). On left.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 9,000 SF
Property Condition: Good
Year Built: 1989
Total Parking Spaces: 200
Parking Type: Surface
Parking Description: Parking lot
Sprinklers: None
Heat Type: Propane
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Zone C - General Commercial
Lot Frontage: 600
Water Service: Well
Sewer Type: Septic

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 882 3,406 26,095
Median Age: 39.68 43.27 30.42
Households: 361 1,377 5,838


Photograph of Listing Agent

John E Jensen

Pequot Commercial
ECCPN Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.