Bethel, CT 06801MLS Number 170454039

  • Price: $374,900
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Active
Bethel CT 06801
QR Code
  • 1.64Acreage
  • 2007Year Built
  • 7,147Square Feet

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This is a popular 226 seat white table cloth Italian Restaurant with pizza, liquor, wine & beer that serves daily lunch & dinners and does all kinds of events in their 100 seat party/special event room. The dining room has 80 seats, the bar has 16 seats and the patio has 30 seats. They have a full kitchen with a office. There is also a basement (1,456 s.f.) with the liquor locker, storage, additional prep area etc. Before Co-Vid sales averaged over $1,000,000/year. When the pandemic is brought under control, sales will probably go back to doing over a million dollars/year again. Have you heard about all the condos, townhouses, and who knows what else is being talked about and maybe even planned for this area. What do you think this will do to sales and profits!!!!!Maybe even can get a right of first refusal to purchase the property too.
Listed by Charlie Vlahos of Blanket Real Estate

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More Info

Basic Information

  • Broker NameBlanket Real Estate
  • List Price$374,900
  • MLS Number170454039
  • Property TypeCommercial Sale
  • StatusACT
  • TownBethel
  • Virtual TourView Tour
  • Gross annual expense$582,467
  • Gross annual income$1,145,227
  • Also for leaseNo
  • MLS StatusActive

Amenities

  • Other AmenitiesBasement

Auction

  • Bank owned propertyNo

Other

  • ExclusionsPersonal items (e.g. knives)
  • Documents AvailableNone
  • Lease purchaseNo
  • Purchase optionNo
  • Lease years remaining10
  • Landlord requirments
    • Annual Increase
    • Credit Check
    • Lease Required
    • Lease Restrictions
    • Net-Net-Net Lease
    • Other
    • Security Deposit
  • Landlord optionsPossible First Right of Refusal
  • Landlord responabilityAir Conditioning, Exterior Maintenance, Roof Maintenance, Structural Maintenace
  • Inventory includedNo
  • Inventory value estimated$7,000
  • Net operating income164093
  • Space is leasedYes
  • Present useRestaurant
  • Equipment includedIncome info is a ProForma based on 2019 Tax Return plus growth. All equipment included. Inventory is +/-
  • View Count1

Basic Information

  • Agent IDB6782

Building

  • Year Built2007
  • Building ConstructionFrame, Concrete
  • AtticNo
  • Garage Spaces
  • Garage Parking InfoPaved, Off Street Parking, Parking Lot
  • Square Feet7,147
  • Additional space availableNo

Interior

  • Seating capcity226

Utilities

  • Heat SystemHot Air
  • Heating FuelGas In Street
  • Utilities availableElectric, Telephone
  • Water sourcePrivate Well
  • Cooling SystemCentral Air
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Location

  • CountyFairfield
  • LocationSuburban, Strip Mall
  • StateCT
  • Zip06801

Property

  • Acreage1.64
  • Lot DescriptionLevel Lot
  • Parking Spaces83
  • Parking spaces covered
  • Parking spaces uncovered83
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business name226 Seat Italian Restaurant
  • Business licencesFull Liquor
  • Employees number of7
  • Road Frontage DescriptionMunicipal Street, Paved Road
  • 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

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