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Turnkey Restaurant Building
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242 Broad St, Manchester, CT 06040

Restaurant building includes indoor dining, a grab-and-go counter, fenced outdoor dining, and dedicated office and storage space.

Property Size3,292 SF
Price / SF$280.98
Days on Market264

Property Features for 242 Broad St

General Information

Standard status Active
Size 3,292 SF
Property subtype RETAIL

Site & Location

Pylon Signage Yes
Highway Access Yes

Restaurant

Commercial Hood Yes
Patio Yes
Equipment Included Yes

Building Details

Buildings 1
Listing Agency: eXp Commercial - CT
Listed By: Howie Coro · License #REB.0795295
Source: Moodyscre
Added: Nov 10, 2025 Changed: Jul 29 Last Checked: Aug 1 at 10:19AM

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 eXp Commercial - CT

Investment Insights

Based on property information with market context.

This well-established restaurant property is offered for sale as a building only. The layout includes restaurant space with an indoor dining area, a grab-and-go counter, and a fully fenced outdoor dining area. A second-floor finished office/breakroom is included, along with a full basement for storage of equipment and overstock.

The building is positioned for strong visibility in a high-traffic setting, with ample parking on-site. The property is described as being just minutes from I-84 and downtown Hartford, and it features a large monument street sign.

Significant capital improvements are noted over the past eight years, totaling more than $300,000. The kitchen is equipped with a stainless steel cooking line and large hood system, and includes a walk-in freezer and refrigerator. Additional features mentioned include tile floors, a repaved parking lot, and two new AC units.

Key Highlights

  • Restaurant building with 4,000 usable SF: 2,284 SF restaurant space, 1,008 SF finished office/breakroom, and 1,008 SF basement storage
  • Indoor dining plus a grab‑and‑go counter and a fully fenced outdoor dining area
  • Stainless steel kitchen with large hood system, walk‑in freezer and refrigerator, and tile floors

Property Analytics

Current Use

Pho 99 Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store Hotel & Motel

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

Yes
Highway access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06040, CT

35,676
Population
15,550
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
2,111
Density / Sq Mi
$84,741
Median Household Income
$48,208
Median Earnings
$1,361
Median Rent
$238,900
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building includes indoor dining, a grab-and-go counter, fenced outdoor dining, and dedicated office and storage space.
Where is this conventional restaurant located?
The property is located at 242 Broad St Manchester, CT.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Restaurant building with 4,000 usable SF: 2,284 SF restaurant space, 1,008 SF finished office/breakroom, and 1,008 SF basement storage; Indoor dining plus a grab‑and‑go counter and a fully fenced outdoor dining area; Stainless steel kitchen with large hood system, walk‑in freezer and refrigerator, and tile floors
(860) 508-2374 Call to check price and availability
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