742 Amity Rd Bethany, CT 06524
- Turn key restaurants
- 2,092 SF
- 0.63 lot acres
Current Use by Public Records
- Billy's Old-Fashioned Ice Cream and Marketplace / Restaurant / Ice Cream Shop
- Nonnie's / Deli
Property Details for 742 Amity Rd
- Year built
- 1975
- Construction
- STEEL FRAME
- Lot size
- 0.63 lot acres
- Property size
- 2,092 SF
- Zone code
- B&I
- Property type
- Turn key restaurants
- APN
- BETH M:117 B:10
- APU
- BETHM117B10
Description
This exceptional commercial property at 742 Amity Road in Bethany, Connecticut presents a unique investment opportunity. The 1,200 square foot building sits on a desirable 0.63-acre corner lot and is currently available for purchase at $824,900. Previously home to a successful ice cream parlor and marketplace, this turnkey operation offers immediate potential for a new owner to capitalize on an established Bethany business. The building and equipment are in excellent condition, making it ready for immediate occupancy and operation. The property's prime location and existing infrastructure provide a significant advantage for a variety of businesses. However, the seller is also open to build-to-suit options for alternative uses, including office space, medical practices, or other retail establishments. This flexibility makes this property an attractive option for a wide range of potential buyers seeking a move-in ready space or a customized solution to meet their specific business needs. The 0.63-acre lot provides ample space for expansion or outdoor amenities, further enhancing the property's value and appeal. This is a rare opportunity to acquire a well-maintained commercial property in a thriving Connecticut community. Don't miss out on this chance to own a piece of Bethany's vibrant business landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $405,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $450,000
- Retail
- $375,000
- Mixed-Use
- $425,000
- Hospitality
- $395,000
- Educational
- $345,000
- Residential Income
- $345,000
- Energy
- $465,000
- Income-Based Land
- $420,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Bethany
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9904
- Latitude
- 41.4405
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
