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Property profile & analytics
OFF-MARKET
Turn key restaurants

357 Salmon Brk St Granby, CT 06035-1804

5,160 SF 1.3 ac lot Built 1930
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US15-0153096
Property summary
AI-generated overview

This Granby, CT restaurant presents a unique investment opportunity. Located at 357 Salmon Brook St, this 5,160 square foot, single-tenant, Class C retail property sits on a 1.3-acre lot and boasts 75 parking spaces. Built in 1930, the one-story building is zoned C2 and currently operates at 100% occupancy. The property includes a fully equipped chef's kitchen and brewery, with seating for 178 patrons and a 1,070 square foot unfinished basement. The current lease is a NNN lease with no rent bumps, and the asking price is $1,395,000. This established food and beverage business is a proven concept with significant potential for growth, whether continuing the current operation or implementing a new concept. The property's size, location, and existing infrastructure make it an attractive proposition for experienced and financially qualified buyers. Serious inquiries only.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction FRAME
Total area 5,160 SF
Lot 1.3 ac (56,628 SF)
Zoning code C2
APN GRAN M:F-42 B:0051 L:0067
UPID US15-0153096
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
  • Cambridge House Brew Pub Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
357 Salmon Brook Rd LLC · 16 yrs held
357 Salmon Brook Rd LLC
since 2009
7 recorded transactions
2009
$840,000
2008
Price N/A
2008
Price N/A
2004
$150,000
1995
$25,000
1993
$50,000
1989
$290,000
Zoning & alternative use
C2 · Granby, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3.5 BUSINESS ZONE (C2) 3.5.1 Permitted Uses The following uses shall be permitted: 3.5.1.1 Retail sale, rental and/or repair of items such as food, clothing, hardware, garden supplies, jewelry, electronics, appliances, books, sporting goods, nursery items, home improvement products and general merchandise; 3.5.1.2 Printing, photography and similar service; a…

Zone name Business Zone
General category COMMERCIAL
Zone area 99.81 ac
Source ZONING REGULATIONS
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