Property Details for 49 Main St

Year built

1880

Construction

STEEL FRAME

Lot size

0.10 lot acres

Property size

2,121 SF

Zone code

C-2

Property type

Showrooms

APN

SPRA M:26 B:01 L:03

APU

SPRAM26B01L03

Description

This exceptional investment opportunity presents a fully operational restaurant located at 49 W. Main Street in Sprague, Connecticut, within the desirable C-2 zoned district. The property boasts a 0.1-acre lot and encompasses a well-established restaurant space with a proven track record. Previously a thriving breakfast establishment and more recently a pizza restaurant, this 40-seat eatery is equipped for immediate operation. The turnkey setup includes essential commercial kitchen equipment such as two walk-in coolers, a grill, and an oven, minimizing the need for significant upfront investment. The restaurant's history demonstrates its viability within the local market, offering a strong foundation for continued success. Adding to its appeal is a residential apartment situated above the restaurant, providing additional income potential or convenient owner's housing. The property's prime location in downtown Baltic ensures high visibility and accessibility to a steady stream of customers. This combined commercial and residential property presents a rare opportunity to acquire a profitable business with significant upside potential in a thriving Connecticut community. The asking price is $495,000. The property is situated in New London County, Connecticut, zip code 06330.

Location Insight

City

Baltic

County

New London

State

Connecticut

Longitude

-72.0872

Latitude

41.6165

CBSA code

35980

CBSA name

NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments