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$1,895,000
New Listing

1019 Norwich Road
Plainfield, CT 06374

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
5,333
SqFt
$355
/SqFt
1960
Built
County:
Windham
Call Now: +971-234-5678
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Monthly Payment (Est.)

$8,646
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Both the business and the building are for sale, either together or separately. The building is fully outfitted and has been functioning as a restaurant / bar since 1988, with the current configuration and renovation having been completed and in place since 2008. The building contains a fully outfitted kitchen with all the equipment needed and necessary to operate a restaurant / bar. The current business will lease-back on a long-term basis the building at a 6% cap rate. The building is 5,333 square feet and is for sale at $1,865,000 (which is $350 per square foot fully outfitted). The business is also for sale and has been in place since 2008 operating as a sport's bar and restaurant with a loyal customer base, with entertainment and a dance floor. Full kitchen with fire suppression, grills, deep fryers, walk-in coolers, etc. allows for high volume operation and catering. The business alone, with a long-term 15-year lease (with 3 5ive-year rollover options) is for sale at $495,000. Both the business and the real estate can be purchased together for $2,360,000.

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Listing Snapshot
Price 
$1,895,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,333 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.92 Acres
Year Built 
1960
MLS® Number 
24112910
Status 
Active
Property Tax 
$7,179
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
8 hours agoListing first seen on site
General Features
Acres 
0.92
Sewer 
Septic Tank
SqFt Total 
5333
Water Source 
Well
Zoning 
CI
Interior Features
Cooling 
Central Air
Heating 
OilForced Air
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Exterior Features
Construction Details 
Frame
Lot Features 
Level
Road Frontage 
State Road
Roof 
Asphalt
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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