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Takeout Pizza Restaurant
For Sale
Contact for pricing
Pending

59 Lebanon Ave, Colchester, CT 06415

Established food-service property with dine-in seating, off-street parking, and included restaurant equipment.

Property SizeContact for details
Days on Market142

Property Features for 59 Lebanon Ave

General Information

Standard status Pending
Property subtype Retail

Restaurant

Seating Capacity 60
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes
Listing Agency: Berkshire Hathaway HomeServices New England Properties East Hampton
Listed By: Joyce Covone · License #CT
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:44PM

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 Berkshire Hathaway HomeServices New England Properties East Hampton

Investment Insights

Based on property information with market context.

This established conventional restaurant at 59 Lebanon Avenue in Colchester, Connecticut is configured primarily for takeout service, with a menu centered on classic and specialty pizzas along with sandwiches, soups, burgers, and desserts. The dining area provides booth seating for 60 guests, and the sale includes the restaurant’s equipment, booths, and fixtures.

The property has off-street parking and a central town setting. The longtime owners have operated the restaurant for more than 34 years and are prepared to train the incoming buyer, supporting continuity through the transition. A complete equipment inventory is available for review.

Key Highlights

  • Conventional restaurant at 59 Lebanon Avenue, Colchester, CT 06415
  • Takeout‑focused operation serving pizzas, sandwiches, soups, burgers, and desserts
  • Booth‑style dining area with seating for 60 people

Property Analytics

Current Use

Colchester Pizza Restaurant Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Bakery Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

648
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 26% Electronics 21% Groceries 14%
Starbucks Dining
14,257 visits/mo 0.4 miles
AT&T Electronics
10,778 visits/mo 0.4 miles
Dunkin' Donuts Dining
8,455 visits/mo 0.5 miles
Noel's IGA Supermarket Groceries
8,280 visits/mo 0.1 miles
Gulf Oil Shops & Services
4,978 visits/mo 0.4 miles

Demographics for 06415, CT

16,300
Population
7,019
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
96%
High-School Grad
56.0 sq mi
ZIP Area
291
Density / Sq Mi
$119,656
Median Household Income
$65,891
Median Earnings
$1,398
Median Rent
$340,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established food-service property with dine-in seating, off-street parking, and included restaurant equipment.
Where is this conventional restaurant located?
The property is located at 59 Lebanon Ave Colchester, CT.
What are key features of this property?
This property features: Conventional restaurant at 59 Lebanon Avenue, Colchester, CT 06415; Takeout‑focused operation serving pizzas, sandwiches, soups, burgers, and desserts; Booth‑style dining area with seating for 60 people
More about this property
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