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Us 1, Branford, 06405

REDUCED 18% Commercial/Investment For Sale

$119,000

Beds
Baths
2,500Sqft
.9Acres
1963Built
173DOM
MLS® #: 170242597
Active, 173 Days on Market

Pizza & Restaurant business for sale. F,F, E & Goodwill. Lease assignment or renegotiate. This successful business has been established at this location for many decades-current 1.5 yrs. 50 seats + with full bar in dining room. Waiting area/lobby has full bar with 2 high-top tables with chairs. Lease: currently $12/SF GROSS. Full service bar in dining area. Lunch 3 days/week & dinner 6 nights & private parties and catering. Tax returns show $45,000 of original investment-return to owner plus net cash flow. Well staffed. 80/20% food/liquor. VISIBLE SIGNAGE FROM ROUTE 1. Small plaza 3 tenant building total 8304sf of which 2500sf restaurant.

Essential Information

MLS® #: 170242597
Price: $119,000
Bathrooms: 0.00
Square Footage: 2,500
Acres: 0.90
Year Built: 1963
Type: Commercial/Investment
Status: Active

Community Information

Address: Us 1
Area: N/A
City: Branford
County: New Haven
State: CT
Zip Code: 06405

Amenities

Utilities: Electric, Gas, Telephone, Cable
Parking: Parking Lot, Paved
Garages: Parking Lot, Paved

Interior

Heating: Baseboard, Electric
Cooling: Central Air
# of Stories: 1

Exterior

Roof: Asphalt Shingle
Construction: Frame
Foundation: Block

Additional Information

Date Listed: October 7th, 2019
Days on Market: 173
Zoning: Commercial

Listing Details

Listing Office: Lyman Real Estate

Financials

$/SqFt: $48

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