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Property profile & analytics
OFF-MARKET
Turn key restaurants

742 Amity Rd Bethany, CT 06524-3040

2,092 SF 0.63 ac lot Built 1975
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US15-0031711
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Construction STEEL FRAME
Total area 2,092 SF
Lot 0.63 ac (27,443 SF)
Zoning code B&I
APN BETH M:117 B:10
UPID US15-0031711
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
  • Billy's Old-Fashioned Ice Cream and Marketplace Restaurant
  • Nonnie's Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Redbarn LLC · 6 yrs held
Redbarn LLC
since 2020
Last sale
$286,000
7 recorded transactions
2021
Price N/A
2020
Price N/A
2020
Price N/A
2014
Price N/A
2013
$286,000
2010
$233,500
2003
Price N/A
Zoning & alternative use
B&I · Bethany, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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