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Established Restaurant Opportunity For Sale
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572 Watertown Ave, Waterbury, CT

Well-established restaurant with real estate and equipment for sale.

Property Size2,132 SF
Lot Size0.13 Acres
Price / SF$797.37
Days on Market408

Property Features for 572 Watertown Ave

General Information

Standard status Active
Size 2,132 SF
Lot size 0.13 Acres
Property subtype RETAIL
Listing Agency: Matthews Commercial Properties
Listed By: Gerry Matthews · License #REB.0754503
Source: Moodyscre
Added: Jul 9, 2025 Changed: Aug 8 Last Checked: May 20 at 9:22PM

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 Matthews Commercial Properties

Investment Insights

Based on property information with market context.

This commercial property features a 2,132 square foot ground floor restaurant and kitchen, complemented by a 600 square foot lower level suitable for storage and coolers. The property has operated as a restaurant for 27 years, specializing in BBQ. The sale includes the real estate and equipment, presenting an opportunity for a new owner to continue the existing business or establish a new concept. The commercially zoned 0.9-acre corner lot benefits from two curb cuts and a daily traffic count of 10,000 vehicles. Gross sales average $440,000.00 annually. Financial information is available subject to a signed Non-Disclosure Agreement.

Key Highlights

  • Established restaurant location operating for 27 years.
  • High traffic location with 10,000 vehicles per day and corner lot with 2 curb cuts.
  • Fully equipped 2,132SF+\/- ground floor restaurant and kitchen with 600SF+\/- lower level storage and coolers.

Property Analytics

Current Use

Big Franks BBQ ... Restaurant

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Gym & Fitness Center Law Firm Nail Salon

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

948
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 47%
Dunkin' Donuts Dining
8,899 visits/mo 0.1 miles
Citgo Shops & Services
7,810 visits/mo 0.2 miles
Mobil Shops & Services
4,312 visits/mo 0.3 miles
Carvel Ice Cream Dining
1,997 visits/mo 0.2 miles

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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Similar Off Market Nearby

  • San Marino Ristorante Italiano 111-23 Thomaston Ave, Waterbury, CT 06702

Frequently Asked Questions

What type of property is this?
Restaurant - Well-established restaurant with real estate and equipment for sale.
Where is this restaurant located?
The property is located at 572 Watertown Ave Waterbury, CT.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Established restaurant location operating for 27 years.; High traffic location with 10,000 vehicles per day and corner lot with 2 curb cuts.; Fully equipped 2,132SF+\/- ground floor restaurant and kitchen with 600SF+\/- lower level storage and coolers.
(203) 509-9512 Call to check price and availability
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