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Property profile & analytics
OFF-MARKET
Turn key restaurants

226 Maple Ave Cheshire, CT 06410-2505

3,937 SF 0.66 ac lot Built 1900
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US15-1249591
Property summary
AI-generated overview

This exceptional commercial property at 226 Maple Avenue in Cheshire, Connecticut presents a unique investment opportunity. The 5,179 square foot building, situated on a 0.66-acre lot, boasts a rich history as Cheshire's oldest restaurant, dating back to circa 1900. Its charming Victorian architecture is a local landmark, adding significant character and curb appeal. The current configuration includes a highly regarded restaurant with a notable outdoor patio capable of seating 60 patrons, a cozy fireplace, and a reputation for excellent casual food and cocktails. The property's prime location in a thriving suburban area ensures high visibility and accessibility. The current owner's retirement necessitates the sale, offering a chance to acquire an established business with a proven track record. However, the property's versatility extends beyond its current use. The building's size and location make it an ideal candidate for a variety of new concepts, allowing for a complete reimagining of the space and potentially a new brand identity. This presents a rare opportunity to acquire a landmark property with significant potential for growth and profitability in a desirable Connecticut town. The asking price is $939,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction FRAME
Total area 3,937 SF
Lot 0.66 ac (28,750 SF)
Zoning code C-2
APN CHES M:57 B:248 L:
UPID US15-1249591
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
Current use
Occupant on record · Public records
  • Victorian House Restaurant & Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
226 Maple Avenue · 21 yrs held
226 Maple Avenue
since 2005
7 recorded transactions
2017
Price N/A
2013
Price N/A
2005
Price N/A
2005
$550,000
2005
Price N/A
2001
$136,809
1989
$375,000
Zoning & alternative use
C-2 · Cheshire, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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