Listing Agency: William Raveis Real Estate Southport j***@raveis.com Show Phone

Listed By: John Hackett · License #REB.0750283

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:58AM

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Investment Insights

Based on property information with market context.

Located at 725 Straits Turnpike in Middlebury, this established conventional restaurant includes a dining area with seating capacity of 160+ and a separate banquet room for family, business, and company gatherings. The property also provides parking for 60+ vehicles and a lower level dedicated to inventory storage.

The recently renovated interior features new flooring, paint, and lighting, along with upgraded central air, compressor, broiler, ovens, dishwasher, ice machine, and ice cream unit. A fully equipped commercial kitchen includes a walk-in cooler and freezer. Additional features include a full liquor license, WiFi, and a 75" TV for music and presentations. The restaurant occupies a visible corner location and has operated as a 40+ year family restaurant destination.

Key Highlights

• 40+ year family restaurant destination at 725 Straits Turnpike
• Seating capacity of 160+ with a separate banquet room
• Parking for 60+ vehicles

Property Analytics

Property Profile

Current Use

Maples Family Restaurant Restaurant

Suggested Use

Top Pick Hair Salon Building Supply Auto Repair Shop Dental Office Electrical Service 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

253

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 06762, CT

7,574

Population

3,071

Households

2.5

Avg Household Size

46

Median Age

53%

College-Educated

96%

High-School Grad

17.8 sq mi

ZIP Area

426

Density / Sq Mi

$142,750

Median Household Income

$66,184

Median Earnings

$452,000

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

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Fully equipped restaurant with banquet space, commercial kitchen equipment, and lower-level inventory storage.

Where is this conventional restaurant located?

The property is located at 725 Straits Turnpike Middlebury, CT.

What are key features of this property?

This property features: 40+ year family restaurant destination at 725 Straits Turnpike; Seating capacity of 160+ with a separate banquet room; Parking for 60+ vehicles