Property profile

142 Old Tpke Rd Thompson, CT 06262

OFF-MARKET
Commercial real estate
3,195 SF 0.6 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully occupied, newly renovated (2024) commercial property in the charming town of Thompson, Connecticut. The property consists of a freestanding building totaling 3,195 square feet, encompassing a 2,324 square foot restaurant/bar and a 600 square foot storage building. Strategically located at the crossroads of Massachusetts and Rhode Island, and conveniently situated minutes from Thompson Speedway, this property benefits from high visibility and easy access via Exit 50 off Route 395. The ample 30-space parking lot ensures convenient access for patrons. Currently operating under a triple net (NNN) lease, this property offers a low-maintenance, high-return investment. The building is zoned for commercial use and enjoys a prime location within a picturesque New England village setting, attracting both local residents and tourists. The recent renovations ensure the property is in excellent condition, ready for continued success. This landmark property represents a rare opportunity to acquire a stable, income-generating asset in a desirable location. The 0.6-acre lot provides ample space and potential for future expansion. This is an ideal investment for those seeking a turnkey commercial property with strong potential for long-term growth.

Property profile

Verified
Property type Commercial real estate
Year built 1960
Total area 3,195 SF
Lot 0.6 ac (26,136 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

142 Old Tpke Rd Thompson, CT 06262
Thompson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

1 recent transactions · within 1.5 mi
Comparable in this city
1 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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