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    142 Old Tpke Rd Thompson, CT 06262

    Sponsored
    For Sale
    $850,000

    NNN Leased Restaurant & Bar

    Property size:
    3,195 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a fully occupied, newly renovated (2024) commercial property in the charming town of Thompson, Connecticut. The property consists of a freestanding building totaling 3,195 square feet, encompassing a 2,324 square foot restaurant/bar and a 600 square foot storage building. Strategically located at the crossroads of Massachusetts and Rhode Island, and conveniently situated minutes from Thompson Speedway, this property benefits from high visibility and easy access via Exit 50 off Route 395. The ample 30-space parking lot ensures convenient access for patrons. Currently operating under a triple net (NNN) lease, this property offers a low-maintenance, high-return investment. The building is zoned for commercial use and enjoys a prime location within a picturesque New England village setting, attracting both local residents and tourists. The recent renovations ensure the property is in excellent condition, ready for continued success. This landmark property represents a rare opportunity to acquire a stable, income-generating asset in a desirable location. The 0.6-acre lot provides ample space and potential for future expansion. This is an ideal investment for those seeking a turnkey commercial property with strong potential for long-term growth.

    Property Features for 142 Old Tpke Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,195 SF
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Pit Stop Pub ... Restaurant

    Suggested Use

    Restaurant Law Firm Wholesale Shop Auto Repair Shop Auto Parts Store Gym & Fitness Department Store Bar & Pub Electrical Service Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thompson
    County
    Windham
    State
    Connecticut
    Longitude
    -71.95036
    Latitude
    42.02442

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    FAQs

    What type of property is this?
    Commercial real estate - NNN Leased Restaurant & Bar
    Where is this commercial real estate located?
    The property is located at 142 Old Tpke Rd Thompson, CT.
    What is the asking price?
    The asking price for this property is $850,000.
    (860) 928-1995
    Request Owner's contact information
    142 Old Tpke Rd Thompson, CT 06262
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    Thompson, CT 06262
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    142 Old Tpke Rd Thompson, CT 06262
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