8 Main St Redding, CT 06896-3259
This exceptional 1,800-square-foot restaurant space at 8 Main Street, Unit B, is available for lease starting March 1, 2025. The property boasts a fully renovated interior, perfect for immediate occupancy. A significant feature is the large commercial kitchen, equipped with a hood system, Ansul fire suppression system, walk-in cooler and freezer, and a grease trap. The space also includes an 80-gallon propane-fired water heater, ensuring efficient and reliable hot water supply. Climate control is handled by high-efficiency Mitsubishi mini-split heating and air conditioning units, providing optimal comfort year-round. The layout is designed for maximum efficiency and guest comfort, featuring two ADA-compliant bathrooms and multiple egress doors, allowing for seating capacity exceeding 60 guests. An outdoor seating area adds to the appeal, expanding the dining options. Large storefront windows flood the interior with natural light, creating a welcoming atmosphere. Conveniently located across the street is a municipal parking lot, ensuring ample parking for patrons. The base rent is $4,475 per month, plus common area maintenance (CAM) charges, with multi-year lease options available. Utilities are separately metered. This turnkey opportunity presents a rare chance to establish or relocate a restaurant in a highly desirable location.
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BC Business Center Zone Intent of zone: To provide a comprehensive business center for retail trade and services needed by the community at large, as part of a balanced community of residential, business and civic uses within central Georgetown, to be planned for a small village setting compatible with the natural and residential environment of the surroundi…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
BC · Redding, CTBC Business Center Zone Intent of zone: To provide a comprehensive business center for retail trade and services needed by the community at large, as part of a balanced community of residential, business and civic uses within central Georgetown, to be planned for a small village setting compatible with the natural and residential environment of the surrounding area. OR Office and Research Park Zone Intent of zone: To provide an appropriate setting for quiet office, research and controlled light assembly facilities which will be in harmony with the low density residential character of the community, will protect the tranquility and values of nearby residential areas, and will be developed in campus-type sites which fully preserve the natural beauty and environmental integrity of their surroundings. SDD Special Development District Intent of zone: To permit and encourage variety and flexibility in land development through the modification of regular standards applicable to the permitted uses of land within a zoning district, providing that the uses within the special development district be in harmony with the objectives and policies of the Plan of Development. HMC Historic Mill Center Zone Intent of Zone: To conserve historic structures and the unique architectural features of the site and Georgetown; to encourage and preserve public -access open space; to encourage the creation of a civic and cultural center; and to provide, in accordance with an approved Master Plan (as defined in Section 5.1.2.A) for: the adaptive re -use and/or re-development of an historic industrial site; commercial uses such as office, retail, restaurant, small hotel, bed & breakfast and/or service businesses; light manufacturing, warehouse and/or industrial where such uses are developed in existing structures only; a limited variety of residential use options; and light recreational uses of the open space areas. The location and extent of each zoning district is described in the adopt ed Zoning Map which accompanies these regulations. - 15 - 15 4.2 Residential Zones Within Residential Zones (R-4, R-2, R-1, R-1⁄2, RV), buildings, structures and land shall be used only as permitted in Sections 4.2.1, 4.2.2 and 4.2.3. 4.2.1 Permitted Principal Uses Any of the following: (a) Detached single-family dwelling, one (1) per lot. (b) Public and private open space reservations, where maintained in a natural condition without buildings or activity areas. (c) Farming, forestry and horticulture, as provided by Section 5.14.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.