2548 Boston Post Rd Guilford, CT 06437-1359
- Turn key restaurants
- 4,964 SF
- 1.00 lot acres
Current Use by Public Records
- Beefsteak Seafood & Spirits / Restaurant
- Ayuthai / Thai Restaurant
- Maritime Grille / Takeout Restaurant / Sandwich Shop
Property Details for 2548 Boston Post Rd
- Year built
- 1970
- Construction
- FRAME
- Lot size
- 1.00 lot acres
- Property size
- 4,964 SF
- Zone code
- TS2
- Property type
- Turn key restaurants
- APN
- GUIL M:84014
- APU
- GUILM84014
Description
This exceptional turn-key commercial property, located at 2548 Boston Post Road in the desirable town of Guilford, Connecticut, presents a unique investment opportunity. The 4,964 square foot building boasts a fully equipped restaurant and banquet space, perfect for a variety of culinary ventures. Two full kitchens provide ample space for food preparation, while the expansive 1-acre level lot offers significant zoning and development potential. The restaurant features a large patio area complete with a koi pond, creating a serene and inviting atmosphere. Inside, a 50-seat bar and lounge area with a fireplace provides a comfortable gathering space. The main dining area comfortably seats 75 guests and includes a charming side sunroom, bathed in natural light. High 12-foot ceilings add to the spacious feel. A fully functional basement offers additional storage and utility space. Ample parking is available in the dedicated lot. Adding to the property's versatility is a 2-bedroom apartment located on the second floor, ideal for staff housing or generating additional rental income. This prime location on the heavily traveled Boston Post Road in a quaint, upscale coastal town ensures high visibility and accessibility. The property's combination of existing infrastructure, ample space, and prime location makes it an exceptional opportunity for a discerning investor or entrepreneur.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,085,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,250,000
- 6.5%
- $1,145,000
- 7%
- $1,290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,355,000
- Geo Method
- $1,100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,090,000
- Retail
- $1,230,000
- Mixed-Use
- $1,045,000
- Hospitality
- $1,070,000
- Educational
- $1,080,000
- Residential Income
- $1,070,000
- Energy
- $1,075,000
- Income-Based Land
- $1,015,000
- Food Service
- $1,285,000
Location Insight
- Map
- Local Demand
- City
- Guilford
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.7268
- Latitude
- 41.3087
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
