Turnkey Bar and Restaurant with
811 Dixwell Ave Hamden, CT 06511
For Sale
$1,500,000
Turnkey bar and restaurant with indoor and outdoor lounge space, DJ booth, commercial kitchen, and fully equipped bar areas.
Property Size4,057 SF
Price / SF$369.73
Days on Market48
Property Features for 811 Dixwell Ave
General Information
Standard status
Active
Size
4,057 SF
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
BHGRE Gaetano Marra Homes
(203) 758-0264
Listed By:
Reginald Scales
Source:
Davejonesrealty
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 28 at 10:59AM
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 BHGRE Gaetano Marra Homes
Investment Insights
Based on property information with market context.
This turnkey bar and restaurant includes multiple lounge areas designed for events and entertainment, including an outdoor lounge, an indoor lounge, and a prime lounge area with a built-in DJ booth. The premises features a commercial kitchen, two fully functional bars, and four bathrooms, supporting both day-to-day operations and larger gatherings.
Additional improvements include a brand-new central air system, a spacious basement with ample storage and a bathroom, and an onsite security system. The property also includes two pool tables, adding to the established entertainment setup.
The business is located at 811 Dixwell Ave in Hamden, CT, with an additional property at 406 Goodrich Street included as part of the offering. That second parcel is currently being used for storage, providing flexibility for future development or operational overflow. With a long operating history and extensive in-place upgrades, the layout is well-suited for a buyer or operator looking for a ready-to-run hospitality concept with room for programmed events and nightlife-focused use.
Additional improvements include a brand-new central air system, a spacious basement with ample storage and a bathroom, and an onsite security system. The property also includes two pool tables, adding to the established entertainment setup.
The business is located at 811 Dixwell Ave in Hamden, CT, with an additional property at 406 Goodrich Street included as part of the offering. That second parcel is currently being used for storage, providing flexibility for future development or operational overflow. With a long operating history and extensive in-place upgrades, the layout is well-suited for a buyer or operator looking for a ready-to-run hospitality concept with room for programmed events and nightlife-focused use.
Key Highlights
- 4,507 SF commercial property with multiple lounge areas, including an outdoor lounge and indoor lounge
- Prime lounge area includes a built‑in DJ booth and a commercial kitchen for events and entertainment
- Two fully functional bars plus four bathrooms
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.5k | $22.80 |
| − Vacancy | −$3.7k | −$0.91 |
| EGI | $88.8k | $21.89 |
| − OpEx | −$22.2k | −$5.47 |
| NOI | $66.6k | $16.42 |
4,057 SF · lease $22.80/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$951.4K
$832.5K – $1.11M
NOI $66,600 @ 7.0% cap · market cap 4.44%
Second Best
Industrial
$555.0K
$485.6K – $647.5K
NOI $38,850 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,353 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- John Lyman Center for the Performing Arts — Lyman Center, 501 Crescent St, New Haven, CT 06515
- Taurus Cafe LLC — 520 Winchester Ave #1, New Haven, CT 06511
- J.A. Bar & Grill — new haven, ct 06511
- Chazmo Cafe & Lounge — 819 Dixwell Ave, Hamden, CT 06517
- Taurus B Cafe — 520 Winchester Ave, New Haven, CT 06511
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey bar and restaurant with indoor and outdoor lounge space, DJ booth, commercial kitchen, and fully equipped bar areas.
Where is this bar & pub located?
The property is located at 811 Dixwell Ave Hamden, CT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,507 SF commercial property with multiple lounge areas, including an outdoor lounge and indoor lounge; Prime lounge area includes a built‑in DJ booth and a commercial kitchen for events and entertainment; Two fully functional bars plus four bathrooms
