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Property profile & analytics
OFF-MARKET
Commercial real estate

108 Main St Middlefield, CT 06481

2,640 SF 0.24 ac lot Built 1920
Property ID
Property summary
AI-generated overview

This exceptional income-producing property at 108 Main Street, Middlefield, CT, presents a unique investment opportunity. The 2,640 square foot building sits on a 0.24-acre lot and is currently occupied by a thriving cafe/restaurant and a United States Postal Service branch, ensuring consistent rental income. The cafe/restaurant, a popular local establishment, boasts approximately 40 seats and offers breakfast, lunch, and dinner service. Included in the sale are all fixtures and equipment, such as multiple hood and Ansul systems, pizza ovens, a walk-in cooler, tables, chairs, and more. The building itself is well-maintained, featuring a new roof (installed approximately 5 years ago) and new HVAC (installed around the same time). Ample parking is available for patrons and employees. This turnkey operation offers a seamless transition for an experienced restaurateur or a food truck seeking a brick-and-mortar location. The strategic location in the picturesque village of Rockfall, conveniently situated near Middletown, Interstate 91, and Route 9, ensures high visibility and accessibility. The property's strong tenant mix and established clientele provide a stable foundation for future growth and profitability. The asking price for this exceptional property is $525,000.

Property profile
Verified
Property type Commercial real estate
Year built 1920
Total area 2,640 SF
Lot 0.24 ac (10,454 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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