Commercial: MLS #170626433 Guilford, CT $ 1,750,000
Commercial: MLS #170626433
$ 1,750,000
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Commercial: MLS #170626433

Guilford, CT, 06437
$ 1,750,000
Baths2.0 Sq 2,800

Monthly Estimate*

$ 12,224

MLS #/Web ID: 170626433 - Image 1
Studio

Commercial Property for sale in Guilford, CT

for $1,750,000 with 2 full baths. This 2,800 square foot building was built in 1924.

This is a 95-seat restaurant with a bar (14 stools) surrounded by 22 high-top table seats. There are also 40 seats for outside dining. Sales volume for the last 3 years was between $2.6 million and $3.0 million per year (averaged 2,831,000). Adjusted Owner’s Cash Flow was between $750,000 and $835,000 per year (averaged 791,000). The restaurant is located in the northeast part of CT in an “old money” high-income town. It has great demographics for a restaurant. Return the Confidentiality Agreement & Questionnaire & I’ll send you, if qualified, detailed info about this fantastic business…so fill out the forms or request that you would like more information and I’ll e-Mail the forms to you. Will forward more info as more info becomes available

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Commercial Active

Price

$ 1,750,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 0

Style

Business For Sale

Year Built

1924

Town/City

Guilford

MLS | Web ID

170626433

Features
General
Interior Features Handicap Design
Zoning Neighborhood H
Exclusions Personal Items
Year Built 1924
Neighborhood N/A
Heater Type Hot Air
County New Haven
Present Use Restaurant
Location Downtown Suburban
Business Name 95 Seat Restaurant
Net Operating Income 791000
Property Type Business For Sale
Status Active
Directions Withheld
City Guilford
Street Name Withheld
Sq Ft Total 2800
DOM 61
Video Tour Y/N 0
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Interior
Cooling System Central Air
Utilities Available Electric Telephone
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Exterior
Water Source Public Water Connected
Garage Parking None Other
Lot Description Corner Lot Level Lot
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Charlie Vlahos

Listing Agent

Blanket Real Estate

Broker

bre001@earthlink.net

Email

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$12,224
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Monthly Principal & Interest
$12,224
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2024$1,750,000 Listed Price

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