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81 North Main St. St, E Hampton, 06424

Commercial/Investment - Investment For Sale

$2,150,000

Beds
Baths
11,288Sqft
1.21Acres
1920Built
114DOM
MLS® #: 170218212
Active, 114 Days on Market

This is a stunning investment waterfront property on popular Pocotopaug Lake which includes all existing restaurant business assets and two adjacent investment houses located at 77 N Main St. & 83 N Main St. which generate rental revenue. The adjacent houses are necessary to continue operations of the restaurant for parking and additional area for the Tiki Beer Garden. Current gross income for the house rent is $3,100. The application process is underway for 20 docks to be approved for 2020. The opportunities are endless. This property can continue as a year round seasonal restaurant/bar/banquet facility or become a quaint bed & breakfast, water sport business location, or convert to a gorgeous waterfront home with income from the two adjacent houses. Again, please speak to agent about the myriad income stream opportunities on this lake to maximize your investment.

Essential Information

MLS® #: 170218212
Price: $2,150,000
Bathrooms: 0.00
Square Footage: 11,288
Acres: 1.21
Year Built: 1920
Type: Commercial/Investment
Sub-Type: Investment
Status: Active

Community Information

Address: 81 North Main St. St
Area: N/A
City: E Hampton
County: Middlesex
State: CT
Zip Code: 06424

Amenities

Utilities: Electric, Gas, Telephone, Fire Suppression System
Parking: Paved, Parking Lot
Garages: Paved, Parking Lot

Interior

Interior: Ceramic Tile, Wall-to-Wall Carpet
Interior Features: Fire Suppression System, Public Restrooms, Security System
Heating: Hot Air, Natural Gas
Cooling: Central Air
# of Stories: 2

Exterior

Lot Description: Level Topography
Roof: Asphalt Shingle
Construction: Frame
Foundation: Concrete

Additional Information

Date Listed: July 20th, 2019
Days on Market: 114
Zoning: C

Listing Details

Listing Office: Michael A. Fine

Financials

$/SqFt: $190

©2019 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.