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    572 Watertown Ave Waterbury, CT 06708

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    For Sale
    $1,700,000

    Well-established restaurant with real estate and equipment for sale.

    Property size:
    2,132 SF
    Lot size:
    0.13 Acres

    Property Features for 572 Watertown Ave

    General Information

    Size
    2,132 SF
    Lot size
    0.13 Acres

    Source: Matthews Commercial Properties Agent Gerry Matthews

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Opportunity For Sale

    This commercial property features a 2,132 square foot ground floor restaurant and kitchen, complemented by a 600 square foot lower level suitable for storage and coolers. The property has operated as a restaurant for 27 years, specializing in BBQ. The sale includes the real estate and equipment, presenting an opportunity for a new owner to continue the existing business or establish a new concept. The commercially zoned 0.9-acre corner lot benefits from two curb cuts and a daily traffic count of 10,000 vehicles. Gross sales average $440,000.00 annually. Financial information is available subject to a signed Non-Disclosure Agreement.
    Insight Report Location Intelligence

    Current Use by Public Records

    Big Franks BBQ ... Barbecue Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    San Marino Ristorante Italiano

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0599732
    Latitude
    41.5678185

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    FAQs

    What type of property is this?
    Restaurant - Well-established restaurant with real estate and equipment for sale.
    Where is this restaurant located?
    The property is located at 572 Watertown Ave Waterbury, CT.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Established restaurant location operating for 27 years.; - High traffic location with 10,000 vehicles per day and corner lot with 2 curb cuts.; - Fully equipped 2,132SF+\/- ground floor restaurant and kitchen with 600SF+\/- lower level storage and coolers.
    (203) 509-9512
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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
    572 Watertown Ave Waterbury, CT 06708
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