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Restaurant with Three-Hood System
For Sale
Contact for pricing
Pending

290 Old Gate Ln, Milford, CT 06460

Commercial kitchen property with multiple walk-in units on a sizable acreage parcel.

Property Size6,771 SF
Lot Size1.60 Acres
Days on Market693

Property Features for 290 Old Gate Ln

General Information

Standard status Pending
Size 6,771 SF
Lot size 1.60 Acres
Property subtype Retail
Investment Type Owner/User

Additional Details

Traffic Count 12,000 vehicles/day
Commercial Hood Yes

Building Details

Buildings 1
Listing Agency: Kravet Realty LLC
Listed By: Jeff Kravet · License #NY 10351205332
Source: Crexi
Added: Oct 8, 2024 Changed: Aug 31 Last Checked: Aug 31 at 4:22AM

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 Kravet Realty LLC

Investment Insights

Based on property information with market context.

This restaurant property includes a commercial kitchen equipped with a three-hood system and two walk-in units. The site encompasses 1.6 acres, providing a substantial land component for the existing improvement. Reported traffic volume is 12000 VPD, adding measurable context to the property. The available information does not identify a specific roadway or additional site features.

Key Highlights

  • Three‑hood commercial kitchen system
  • Two walk‑in units
  • 1.6‑acre property

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Garden Center Cafe & Coffee Shop Storage Facility

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

12,000 VPD
Traffic count
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

887
Businesses Nearby
265k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 31% Shops & Services 25% Groceries 15% Dining 14%
Boscov's Apparel
59,020 visits/mo 0.4 miles
Stop & Shop Groceries
38,466 visits/mo 0.3 miles
Jo-Ann Fabric and Craft Shops & Services
32,395 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
31,299 visits/mo 0.2 miles
Marshalls Apparel
24,176 visits/mo 0.4 miles

Demographics for 06460, CT

37,310
Population
17,800
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,009
Density / Sq Mi
$106,776
Median Household Income
$66,334
Median Earnings
$1,804
Median Rent
$372,900
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial kitchen property with multiple walk-in units on a sizable acreage parcel.
Where is this conventional restaurant located?
The property is located at 290 Old Gate Ln Milford, CT.
What are key features of this property?
This property features: Three‑hood commercial kitchen system; Two walk‑in units; 1.6‑acre property
More about this property
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