825 Saybrook Rd Middletown, CT 06457-4722

Property Details for 825 Saybrook Rd

Year built

1977

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.99 lot acres

Property size

4,058 SF

Zone code

B-2

Property type

Showrooms

APN

MTWN M:43 L:0417

APU

MTWNM43L0417

Description

This exceptional restaurant opportunity in Middletown, Connecticut, presents a compelling investment prospect. Located at 825 Saybrook Rd, 06457, this 4,058 square foot, single-story building sits on a 100% occupied, single-tenant net lease (NNN). The asking price is $129,500. The property boasts 45 parking spaces and is conveniently situated with immediate access to Route 9. The restaurant features a fully equipped kitchen including a 7' pizza hood and a 16' a la carte type 1 hood, a finished basement accommodating parties of up to 125, and an outdoor patio with seating for 50. Interior seating includes a dining room for 126 and a bar & lounge area for 56 patrons. Additional features include a 1,000-gallon grease tank, a 6' x 5' glycol system under the bar, marquee signage, a 12' x 18' walk-in freezer, and four ADA-compliant restrooms. A Clover Point of Sale system is also in place. The property was remodeled less than two years ago and utilizes natural gas (currently $1,200/month) and electricity ($1,000/month). Owner financing is negotiable up to 50% for qualified buyers. The proximity to Wesleyan College and Middlesex Hospital presents significant potential for catering and event bookings, offering further growth opportunities. This turnkey operation is ready for a new owner to step in and continue its success.

Location Insight

City

Middletown

County

Middlesex

State

Connecticut

Longitude

-72.6155

Latitude

41.5356

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments