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Property profile & analytics
OFF-MARKET Estimated value $1,100,000
Turn key restaurants

2548 Boston Post Rd Guilford, CT 06437-1359

4,964 SF 1 ac lot Built 1970
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US15-0879788
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction FRAME
Total area 4,964 SF
Lot 1 ac (43,560 SF)
Zoning code TS2
APN GUIL M:84014
UPID US15-0879788
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
  • Beefsteak Seafood & Spirits Restaurant
  • Ayuthai Restaurant
  • Maritime Grille Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.11M
CAP Approach CAP
by Request
Comparable Approach Comparable
$905k
Blend (final) Blend
$1.10M
Owner & transaction history
Argoun LLC · 4 yrs held
Argoun LLC
since 2021
Last sale
$1.1M
6 recorded transactions
2021
$1.1M
2017
Price N/A
2012
Price N/A
2003
$854,505
1993
Price N/A
1969
Price N/A
Zoning & alternative use
TS2 · Guilford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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