Listing Agency: KEY Real Estate Services LLC a***@gmail.com

Listed By: AMANDA CHAFFEE

Source: Corcoran

Added: May 30, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

This well-established, turn-key restaurant business is available for purchase due to the owner's retirement. Situated in East Lyme on Boston Post Road, the business offers possibilities for new ownership. The property includes an outdoor space suitable for seating and 10 parking spaces. Note that this sale is for the business only; the building itself is not for sale.

Key Highlights

• Turn‑key business opportunity.
• Well‑established business.
• Located on busy Boston Post Road in East Lyme.

Property Analytics

Property Profile

Current Use

Post Road Market Take-out & Catering

Suggested Use

Top Pick Law Firm HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

282

Businesses Nearby

7k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

6,843 visits/mo 0.5 miles

Demographics for 06333, CT

7,289

Population

2,894

Households

2.5

Avg Household Size

44

Median Age

59%

College-Educated

98%

High-School Grad

23.4 sq mi

ZIP Area

311

Density / Sq Mi

$131,628

Median Household Income

$70,095

Median Earnings

$1,722

Median Rent

$432,600

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Restaurant - Turn-key restaurant business opportunity in East Lyme, Connecticut.

Where is this restaurant located?

The property is located at 217 Boston Post Road East Lyme, CT.

What is the asking price?

The asking price for this property is $89,000.

What are key features of this property?

This property features: Turn‑key business opportunity.; Well‑established business.; Located on busy Boston Post Road in East Lyme.