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Restaurant with Outdoor Patio
For Lease
$950,000 SF/Yr

360 Watertown Rd, Thomaston, CT 06787

Restaurant space with lounge seating, a patio for guests, multiple private dining areas, and ample storage for operations.

Days on Market150

Property Features for 360 Watertown Rd

General Information

Standard status Active
Listing Agency: William Raveis Real Estate
Listed By: Andy Adames
Source: Exprealty
Added: Mar 2 Changed: Jul 10 Last Checked: Jul 29 at 7:41PM

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 William Raveis Real Estate

Investment Insights

Based on property information with market context.

This restaurant property is built for a full-service dining and bar program. The layout includes a dedicated lounge area with 20+ bar seats, along with multiple smaller dining areas designed to support private functions. Outdoors, the property features an outdoor patio that accommodates up to 40 guests. In addition to the dining spaces, the offering includes plenty of storage area to support day-to-day service and back-of-house needs.

Located on a well-traveled road in a popular Connecticut town, the property is positioned for consistent visibility and drive-by traffic from passing motorists. The site has recently benefited from the prior operation of a popular Mexican restaurant, which has relocated next door, leaving this location ready for a new operator to take over the existing restaurant configuration.

For tenants or buyers looking for an established restaurant setting with a built-in guest flow for both public dining and private events, this plan is a practical fit. The combination of bar seating, an outdoor patio for warmer-weather dining, and separated smaller dining areas supports a variety of restaurant concepts that want to serve groups as well as walk-in guests, while the on-site storage helps streamline operations.

Key Highlights

  • Former Mexican restaurant space with lounge area and 20+ bar seats
  • Outdoor patio that seats about 40 guests
  • Multiple smaller dining areas for private functions

Property Analytics

Current Use

Señor Panchos Thomaston Restaurant

Suggested Use

Top Pick Real Estate Agency Auto Parts Store HVAC Service Grocery & Convenience Store Nail Salon Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type
$142,500.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
2,341 visits/mo 0.3 miles
Sunoco Shops & Services
1,038 visits/mo 0.2 miles

Demographics for 06787, CT

7,545
Population
3,341
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
613
Density / Sq Mi
$103,843
Median Household Income
$56,338
Median Earnings
$1,008
Median Rent
$259,800
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 - Restaurant space with lounge seating, a patio for guests, multiple private dining areas, and ample storage for operations.
Where is this conventional restaurant located?
The property is located at 360 Watertown Rd Thomaston, CT.
What is the lease rate?
The lease rate is $950,000.
What are key features of this property?
This property features: Former Mexican restaurant space with lounge area and 20+ bar seats; Outdoor patio that seats about 40 guests; Multiple smaller dining areas for private functions
More about this property
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