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Property profile & analytics
OFF-MARKET
Commercial real estate

511 Spielman Hwy Burlington, CT 06013-1608

1,920 SF 2 ac lot Built 1982
Entity Owned 23-yr Hold ~ Est. High Equity
Property ID
US15-0621189
Property summary
AI-generated overview

This exceptional 6,200 sq ft commercial property in Burlington, CT, presents a unique investment opportunity. Situated on 2 acres, just 18 minutes from Litchfield Center and 300 feet from Hogan's Cider Mill, this property boasts a prime location for year-round business. The property includes multiple buildings: a marketplace and ice cream parlor outbuilding, a fully equipped chef's kitchen, and a restaurant with a bar and enclosed side area. Outdoor amenities include a scenic pond, upper and lower parking areas, a designated food truck space, a spacious barn, and an all-season outdoor tent with propane heat, plus an additional tent, offering unparalleled versatility for events. Modern conveniences such as an AC split system and a decorative shed are also included. A prominent roadside sign ensures high visibility. This property is ideally suited for a variety of uses, including a brewery, restaurant, live entertainment venue, catering business, or greenhouse/nursery. The existing infrastructure supports breakfast, lunch, and dinner service. This turnkey operation is ready for immediate use and offers endless possibilities for a thriving business. The property's picturesque setting and convenient location near popular attractions make it an exceptional investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,920 SF
Lot 2 ac (87,120 SF)
Zoning code CB
APN BURL M:6-11 L:7
UPID US15-0621189
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
  • Laurel Land Design LLC Landscaping General Contractor
  • Greenhouse Café & Tavern Bar & Pub
  • Frozen Properties Restaurant
  • Frozen Gnome Grocery & Convenience Store Specialty Food Shop
  • Litchfield Builders & Devlprs Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Laurel Land Design LLC · 23 yrs held
Laurel Land Design LLC
since 2002
4 recorded transactions
2008
Price N/A
2004
Price N/A
2002
$240,000
2002
Price N/A
Zoning & alternative use
CB · Burlington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Central Business
General category COMMERCIAL
Zone area 240.58 ac
Source Realmo
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