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Turnkey Banquet Facility
For Sale
$550,000

48 Kingsbury Avenue, Tolland, CT 06084

Turnkey banquet venue with multiple function rooms, updated systems, and ready-to-cater kitchen work areas.

Property Size10,080 SF
Price / SF$54.56
Days on Market51

Property Features for 48 Kingsbury Avenue

General Information

Standard status Active
Size 10,080 SF
Property subtype Commercial

Additional Details

Business Included Yes
Highway Access Yes

Taxes and HOA fees

Annual Taxes $12,662

Amenities

Central air
Accessible Bath
Central Air Cooling
Flat Roof
Hot Air Heating
Level Lot
Treed
Zoned Heating

Building Details

Year Built 1969
Stories 2
Listing Agency: NextHome Elite Realty
Listed By: NORM HAMILTON · License #133571,PersonLicenseNumber
Source: Corcoran
Added: Jun 23 Changed: Aug 11 Last Checked: Aug 12 at 6:23AM

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 NextHome Elite Realty

Investment Insights

Based on property information with market context.

This turnkey banquet facility offers multiple function rooms suitable for weddings and other catered events, with just over 10,000 square feet to support gatherings of varying sizes. The interior features two levels with stylish porcelain flooring and LED lighting throughout. New windows, brand new restrooms on both levels, and kitchen-ready work spaces are in place for caterers, including onsite portable food warmers and refrigerated cooling units. Banquet facility equipment and furniture are included with the sale, creating an operational setup from day one.

The property includes a newly paved asphalt parking lot and newly updated heating systems with central air conditioning. Additional capital improvements include new electric on the first floor, a brand new septic system, and a new fire alarm system with 24-hour monitoring. Outdoors, the facility offers an exterior gazebo/picnic area for event overflow or guest seating.

For buyers seeking a ready-to-run event venue, this offering combines flexible indoor room options with practical back-of-house support for catered functions. Its updated building systems and included furnishings and equipment are designed to reduce transition time, while the location—minutes from Interstate 84 and about 90 minutes to Boston and Providence—supports regional event traffic. A 36-hour notice is required for all viewings.

Key Highlights

  • Turnkey banquet facility with multiple function rooms for weddings and other catered events
  • Just over 10,000 SF of space, including banquet areas across two levels
  • New windows plus LED lighting throughout; two levels feature stylish porcelain flooring

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby

Demographics for 06084, CT

14,598
Population
5,375
Households
2.7
Avg Household Size
44
Median Age
56%
College-Educated
98%
High-School Grad
40.1 sq mi
ZIP Area
364
Density / Sq Mi
$135,688
Median Household Income
$70,807
Median Earnings
$1,459
Median Rent
$332,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Turnkey banquet venue with multiple function rooms, updated systems, and ready-to-cater kitchen work areas.
Where is this wedding venue located?
The property is located at 48 Kingsbury Avenue Tolland, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Turnkey banquet facility with multiple function rooms for weddings and other catered events; Just over 10,000 SF of space, including banquet areas across two levels; New windows plus LED lighting throughout; two levels feature stylish porcelain flooring
More about this property
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