Turnkey Freestanding Restaurant
For Sale
Contact for pricing
1088 N Colony St, Wallingford, CT 06492
Fully built-out freestanding restaurant with a full liquor license, operating seven days with late-night Friday and Saturday service.
Property Size5,548 SF
Price / SF$135.18
Days on Market140
Property Features for 1088 N Colony St
General Information
Standard status
Active
Size
5,548 SF
Class
A
Property subtype
Business for Sale
Zoning
RF-40
Occupancy
100%
Lease Type
NNN
Investment Type
Owner/User
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
2014
Buildings
1
Stories
1
Units
2
Tenancy
Single
Listing Agency:
10rep
Listed By:
Kyle Inserra · License #RES.0811748
Source:
Crexi
Added: Apr 21
Changed: Sep 2
Last Checked: Sep 7 at 1:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 10rep
Investment Insights
Based on property information with market context.
This is a business-only sale for a fully built-out, turn-key freestanding restaurant space. The property is described as a 5,548 SF standalone building with an existing full liquor license in place, and no buildout costs are required for operations. The business is noted as operating seven days a week, including late-night service on Fridays and Saturdays, with service spanning lunch, dinner, and bar volume.
The restaurant has been in operation since opening in 2022 and is presented as a neighborhood staple with an established customer base and community presence. The offering is positioned as a direct “walk in and operate” opportunity, with the liquor license included and no waiting on approvals.
Please note that the sale is for the business only; the real estate is not included in the offering.
The restaurant has been in operation since opening in 2022 and is presented as a neighborhood staple with an established customer base and community presence. The offering is positioned as a direct “walk in and operate” opportunity, with the liquor license included and no waiting on approvals.
Please note that the sale is for the business only; the real estate is not included in the offering.
Key Highlights
- 5,548 SF freestanding restaurant space, fully built out
- Full liquor license included; no buildout costs and no waiting on approvals
- Business operates seven days a week with late‑night Friday and Saturday service
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 19%
Home Improvements & Furnishings 19%
McDonald's
Dining
36,799 visits/mo
0.1 miles
Tractor Supply Co.
Home Improvements & Furnishings
14,803 visits/mo
0.5 miles
Wendy's
Dining
11,024 visits/mo
0.3 miles
Valero Energy
Shops & Services
3,870 visits/mo
0.3 miles
KeyBank
Shops & Services
3,637 visits/mo
0.4 miles
Demographics for 06492, CT
44,606
Population
19,603
Households
2.3
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
1,121
Density / Sq Mi
$101,757
Median Household Income
$57,977
Median Earnings
$1,346
Median Rent
$328,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully built-out freestanding restaurant with a full liquor license, operating seven days with late-night Friday and Saturday service.
Where is this conventional restaurant located?
The property is located at 1088 N Colony St Wallingford, CT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5,548 SF freestanding restaurant space, fully built out; Full liquor license included; no buildout costs and no waiting on approvals; Business operates seven days a week with late‑night Friday and Saturday service
