616 Post Road East, In-TownWestport, CT 06880MLS Number 170266031

  • Price: $50,000
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Federal 30-year interest rate: 3.02% last updated on Mar 4, 2021
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616 Post Westport CT 06880616 Post Westport CT 06880616 Post Westport CT 06880616 Post Westport CT 06880616 Post Westport CT 06880616 Post Westport CT 06880616 Post Westport CT 06880616 Post Westport CT 06880616 Post Westport CT 06880616 Post Westport CT 06880
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    CURRENTLY A RUNNING RESTAURANT, TURNKEY OPERATION, EXCELLENT POST ROAD LOCATION. NO DRIVE BY, NO TALKING TO EMPLOYEES. LOW RENT IF YOU BUY THE RESTAURANT BUSINESS THAT WAY YOU ASSUME THE RESTAURANT LEASE AND LANDLORD HAS OFFERED THE SAME RENT AMOUNT TO THE NEW TENANT. Current lease is signed based on $40 per square foot. It is about 2500+700 sf storage in the basement, Monthly rent 7700 + NNN. if any buyer wants to take advantage of the low rents this is an excellent opportunity. The new rents in the area are $45 to 60 per sf. Business Owner's reason for selling is he has opened more restaurants and wood like to sell one of them as he can not manage alone. Also there is another retail space available adjacent to this restaurant, about 2000 sf, if you need 4500 sf it is available immediately. please call for any questions.
    Listed by Jyoti J Bathija of Platinum Property Realty

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    More Info

    Basic Information

    • Broker NamePlatinum Property Realty
    • List Price$50,000
    • MLS Number170266031
    • Property TypeBusiness For Sale
    • StatusACT
    • TownWestport
    • Virtual TourView Tour
    • Also for leaseNo
    • MLS StatusActive

    Utilities

    • Heat SystemOther
    • Heating FuelOther
    • Utilities availableNone/Unknown
    • Water sourcePublic Water Connected
    • Cooling SystemNone
    • Septic approvalNo
    • Septic plan availableNo
    • Sewage systemPublic Sewer Connected

    Tax Information

    • Taxes$10,000
    • Tax YearJuly 1999-June 2000

    Building

    • FoundationNone
    • RoofNot Applicable
    • Building ConstructionOther
    • AtticNo
    • Garage Spaces
    • Garage Parking InfoPaved, Off Street Parking, Parking Lot
    • Additional space availableNo

    Auction

    • Bank owned propertyNo

    Other

    • Security deposit detailsnegotiable
    • Documents AvailableNone
    • Lease purchaseNo
    • Purchase optionNo
    • Landlord requirmentsSecurity Deposit, Net-Net-Net Lease
    • Inventory includedNo
    • Space is leasedYes
    • Present useRestaurant
    • View Count10

    Basic Information

    • Agent ID4717,

    Location

    • CountyFairfield
    • LocationHighway Access
    • NeighborhoodIn-Town
    • StateCT
    • Zip06880

    Property

    • Parking Spaces
    • Parking spaces covered
    • Parking spaces uncovered
    • Parking spaces per 1000sqft
    • FloodzoneNo
    • Business nameThe Mumbai Times
    • Road Frontage DescriptionNone
    • SwimmingpoolNo
    • Land included w businessBusiness Only (No Real Estate)
    Sotheby's International Realty | William Pitt
    Sotheby's International Realty | William Pitt
    Office: 203-796-7700
    112 Federal Road
    Danbury, CT 06811

    Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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