Building Details

Year Built 2025

Listing Agency: Berkshire Hathaway NE Prop. s***@bhhsne.com Show Phone

Listed By: Sherry Borgeson · License #RES.0756010 Show Phone

Source: Lockandkeyre

Added: Aug 17 Changed: Aug 20 Last Checked: Aug 22 at 3:43AM

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Investment Insights

Based on property information with market context.

Built in 2025, this 200-square-foot commercial restaurant building is configured for ice cream and dessert service. The equipment package includes a stand-up freezer, refrigerator, shake machine, 16-flavor dip freezer, soft-serve machine, Square point-of-sale system/cash register, and an additional freezer housed in a separate building.

The property is located at 74 Norwich Avenue Unit 4 in Lebanon, Connecticut. It is offered under a land lease that includes parking lot snow plowing and maintenance, along with lawn mowing. The site currently accommodates a food truck operation, and additional sales concepts may be permitted if they do not conflict with that operation. Lease and partnership arrangements may also be available.

Key Highlights

• 200‑square‑foot commercial building completed in 2025
• Configured for ice cream and dessert service
• Includes 16‑flavor dip freezer and soft‑serve machine

Property Analytics

Property Profile

Current Use

PJ's Cork & Barrel (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Parking Lot & Garage Restaurant Wine and Liquor Store

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

13

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 06249, CT

7,142

Population

3,210

Households

2.2

Avg Household Size

45

Median Age

37%

College-Educated

95%

High-School Grad

54.1 sq mi

ZIP Area

132

Density / Sq Mi

$106,594

Median Household Income

$62,219

Median Earnings

$1,449

Median Rent

$337,700

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 - Equipped for ice cream and dessert service with dedicated refrigeration and soft-serve equipment.

Where is this conventional restaurant located?

The property is located at 74 Norwich Avenue Unit 4 Lebanon, CT.

What is the asking price?

The asking price for this property is $80,000.

What are key features of this property?

This property features: 200‑square‑foot commercial building completed in 2025; Configured for ice cream and dessert service; Includes 16‑flavor dip freezer and soft‑serve machine