1400 Thomaston Avenue

    Waterbury, CT 06704
    • $249,900
    • STATUS: Active
    • ON SITE: 42 days
    • MLS #: 170116316
    UPDATED: 20 min ago
    $249,900
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 140
      SQFT
    • $1,785
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    HARD TO FIND! 7.75% CAP Rate - 4-way corner signalized traffic light take-out restaurant on retail pad AND double-revenue producing billboards is now available. Current location features the restaurant that is leased and the 2 billboards that are leased. All restaurant equipment is owned by the owner. Parking for 9 vehicles plus 1 handicap spot, dumpster in rear. ALSO INCLUDED! An April 2018 APPROVAL FOR a 1620 SF retail center new structure. This highly visible corner can be the new home of your single story retail or multi-store building. This is an ideal location for multi-retail uses including food, entertainment, service friendly type of businesses or used car parking lot. Perfect small project for an investor, developer or for an owner occupied business. All kitchen equipment except hood system and water heater is NOT included in sale. Kitchen equipment includes: prep table, 2 freezers, cooler, toaster, grill, 2 fryers, grease trap, 2 TV's, 3-bay sinks, 6 foot hood. 2 year lease on restaurant. Billboards are bi-annually leased for $475.00 per month to a friend. Typically would be $800 ($400 each side). Vicinity of national franchises recently renovated industrial buildings with offices and residential housing, so there is a lot of foot-traffic and vehicle traffic. Location is 1/2 mile to Rte 8, Exit 20. Huntington/Homer Street and Thomaston Avenue intersection.

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    © 2018 Smart MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Carbutti & Co Realtors. Data last updated: 2018-12-19T09:56:39.
    www.carbuttirealestate.com/homes/89196128

    1400 Thomaston Avenue Waterbury, CT 06704

    • Price: $249,900
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 170116316
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    140
    SQFT
    $1,785
    $/SQFT
    1960
    Built
    Neighborhood:
    N/A
    County:
    New Haven
    Area:
    Waterbury
    Property Description
    HARD TO FIND! 7.75% CAP Rate - 4-way corner signalized traffic light take-out restaurant on retail pad AND double-revenue producing billboards is now available. Current location features the restaurant that is leased and the 2 billboards that are leased. All restaurant equipment is owned by the owner. Parking for 9 vehicles plus 1 handicap spot, dumpster in rear. ALSO INCLUDED! An April 2018 APPROVAL FOR a 1620 SF retail center new structure. This highly visible corner can be the new home of your single story retail or multi-store building. This is an ideal location for multi-retail uses including food, entertainment, service friendly type of businesses or used car parking lot. Perfect small project for an investor, developer or for an owner occupied business. All kitchen equipment except hood system and water heater is NOT included in sale. Kitchen equipment includes: prep table, 2 freezers, cooler, toaster, grill, 2 fryers, grease trap, 2 TV's, 3-bay sinks, 6 foot hood. 2 year lease on restaurant. Billboards are bi-annually leased for $475.00 per month to a friend. Typically would be $800 ($400 each side). Vicinity of national franchises recently renovated industrial buildings with offices and residential housing, so there is a lot of foot-traffic and vehicle traffic. Location is 1/2 mile to Rte 8, Exit 20. Huntington/Homer Street and Thomaston Avenue intersection.
    Exterior Features

    Construction Description Frame Exterior Features AwningsDoor Sign Lot Description Corner LotLevel Lot Parking Spaces Uncovered 9 Parking Total Spaces 9 Road Frontage Description State Road Roof Information Asphalt Shingle

    Interior Features

    Cooling System None Flooring Vinyl Heat Type No Heat Interior Features Window Display Restrooms Number Of 1

    Property Features

    Bank Owned Property Yn No Commercial Category Other Documents Available BrochurePlot Plan/Survey Flood Zone Yn No Garage Parking Info PavedParking Lot Handicap Features Ramps Heat Fuel Type Electric Location Downtown Possession Availability Negotiable Potential Use Retail Strip Center Present Use Take Out Restaurant/Billboards Property Tax 4318 Sewage System Public Sewer Connected Sign Yn Yes Tenants Number Of 1 Utilities Available Electric AvailableGas AvailableCable Available Water Source Public Water Connected Zoning Il

    Listing information © 2018 Smart MLS
    Listing provided courtesy of Jeanette Politano of Coldwell Banker Residential Brokerage.


    © 2018 Smart MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Carbutti & Co Realtors. Data last updated: 2018-12-19T09:56:39.
     
    Carbutti & Co Realtors
    72 South Main Street
    Wallingford CT, 06492