Freestanding Restaurant
For Sale
$125,000
874 Lakewood Rd, Waterbury, CT 06704
A long-term lease is in place, with any assignment requiring landlord approval.
Property Size5,678 SF
Price / SF$22.01
Days on Market10
Property Features for 874 Lakewood Rd
General Information
Standard status
Active
Size
5,678 SF
Property subtype
Commercial
Listing Agency:
Coldwell Banker Realty
Listed By:
Lemon Delucia (203) 241-1614 (203) 438-9000
(203) 241-1614
Source:
Yourcthomeguide
Added: Sep 26
Changed: Oct 1
Last Checked: Oct 4 at 10:27AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This freestanding restaurant business includes established restaurant infrastructure. The space measures approximately 5,678 SF, and the seller reports that interior renovations were completed about two years ago. Restaurant equipment, furnishings, fixtures, and goodwill are expected to be part of the sale, with final included assets subject to the purchase agreement.
The business is on Lakewood Road in Waterbury, near Walmart and other major shopping destinations. Dedicated paved parking serves the location, and the existing lease is long term, subject to landlord approval of an assignment.
The business is on Lakewood Road in Waterbury, near Walmart and other major shopping destinations. Dedicated paved parking serves the location, and the existing lease is long term, subject to landlord approval of an assignment.
Key Highlights
- Approximately 5,678 SF, based on assessor information
- Freestanding restaurant with dedicated paved parking
- Interior remodeled approximately two years ago, according to the seller
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
268k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 28%
Groceries 17%
Apparel 15%
Stop & Shop
Groceries
45,091 visits/mo
0.2 miles
T.J. Maxx
Apparel
33,157 visits/mo
0.2 miles
McDonald's
Dining
26,857 visits/mo
0.3 miles
Wendy's
Dining
20,019 visits/mo
0.3 miles
Ocean State Job Lot
Shops & Services
11,947 visits/mo
0.1 miles
Demographics for 06704, CT
27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - A long-term lease is in place, with any assignment requiring landlord approval.
Where is this conventional restaurant located?
The property is located at 874 Lakewood Rd Waterbury, CT.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Approximately 5,678 SF, based on assessor information; Freestanding restaurant with dedicated paved parking; Interior remodeled approximately two years ago, according to the seller
