Established Restaurant with Real
For Sale
$320,000
88 88 Water Street, Torrington, CT 06790
Profitable restaurant business and real estate for sale.
Property Size1,510 SF
Price / SF$211.92
Days on Market157
Property Features for 88 88 Water Street
General Information
Standard status
Active
Size
1,510 SF
Property subtype
Other
Amenities
3
Building Details
Year Built
1930
Listing Agency:
William Raveis Real Estate
(860) 655-7590
Listed By:
William Raveis Real Estate
(860) 655-7590
Source:
Xome
Added: Mar 26
Changed: Aug 25
Last Checked: Aug 29 at 7:12AM
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 William Raveis Real Estate
Investment Insights
Based on property information with market context.
This is an established restaurant, operating for over 42 years, including the real estate in Torrington, CT. The sale includes the business and the real estate, as well as all furniture, fixtures, equipment, and inventory. Also included are the rights to the business name, phone number, website, proprietary recipes, and other intellectual property. The restaurant is situated on a high-traffic road near the center of Torrington and features ample parking. The restaurant offers dine-in, take-out, and delivery services. The current owner is committed to ensuring a smooth transition and is willing to remain on a part-time basis to assist with training, if desired. The property size is 1510 square feet.
Key Highlights
- Established restaurant business (Nicholas Pizza) with real estate included
- Proven, consistent revenue stream for 42+ years from dine‑in, take‑out, and delivery
- Prime location on a high‑traffic road with ample parking
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
142k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Apparel 26%
Dining 17%
Office Supplies 8%
T.J. Maxx
Apparel
36,560 visits/mo
0.4 miles
Cumberland Farms
Shops & Services
16,952 visits/mo
0.5 miles
Dollar Tree
Shops & Services
14,702 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,430 visits/mo
0.4 miles
Staples
Office Supplies
10,681 visits/mo
0.3 miles
Demographics for 06790, CT
35,486
Population
17,109
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
89%
High-School Grad
41.5 sq mi
ZIP Area
855
Density / Sq Mi
$69,720
Median Household Income
$40,860
Median Earnings
$1,101
Median Rent
$196,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Profitable restaurant business and real estate for sale.
Where is this conventional restaurant located?
The property is located at 88 88 Water Street Torrington, CT.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Established restaurant business (Nicholas Pizza) with real estate included; Proven, consistent revenue stream for 42+ years from dine‑in, take‑out, and delivery; Prime location on a high‑traffic road with ample parking
