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255 S Main Street

East Windsor, CT 06088
  • $950,000
  • STATUS: Active
  • MLS #: 170596604
UPDATED: 52 min ago
$950,000
  • 0
    BEDS
  • 7.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1953
County:
Area:

School Ratings & Info

Description

Attention Investors and Entrepreneurs!!! Turn Key restaurant business with over 60 years of good will and satisfied customers OR other possibilities! This landmark pizza restaurant comes with a beer and wine license, a 74 seat dining room and private function room for additional income. Adding to this great investment opportunity is a 20 plot mobile home park with +/- 2 acres of additional undeveloped commercial land. Current cap rate of this under utilized money maker is 5% but should be and can be much higher. Possibilities are unlimited for development and with tens of thousands of cars passing by your front door daily, opportunity is knocking! The earning potential of this property should not be underestimated! Property is priced on current use and there is value waiting for the savvy investor to capitalize on! Additional use with town approval.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-12-03T11:10:09.213.
www.nrgrealestate.com/homes/143365683
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255 S Main Street East Windsor, CT 06088

  • Price: $950,000
  • Status: Active
  • On Site: Days
  • Updated: 52 min ago
  • MLS #: 170596604
0
Beds
0
Baths
0
½ Baths
7.3
Acres
1953
Built
County:
Hartford
Area:
E Windsor
Property Description
Attention Investors and Entrepreneurs!!! Turn Key restaurant business with over 60 years of good will and satisfied customers OR other possibilities! This landmark pizza restaurant comes with a beer and wine license, a 74 seat dining room and private function room for additional income. Adding to this great investment opportunity is a 20 plot mobile home park with +/- 2 acres of additional undeveloped commercial land. Current cap rate of this under utilized money maker is 5% but should be and can be much higher. Possibilities are unlimited for development and with tens of thousands of cars passing by your front door daily, opportunity is knocking! The earning potential of this property should not be underestimated! Property is priced on current use and there is value waiting for the savvy investor to capitalize on! Additional use with town approval.
Exterior Features

Garage And Parking PavedNone Lot Description N/A Parking Total Spaces 0 Road Frontage Description Paved Road Roof Information FlatRubber

Interior Features

Cooling System Central Air Heat Type Wall Unit Sq Ft Total 2300

Property Features

Agent Owner YN No Bank Owned Property No Business Included YN Negotiable Foundation Type None Heat Fuel Type Propane Hubbard YN No Location Other Potential Short Sale No Present Use Pizza Business/Mobile Home Par Sewage System Public Sewer Connected Total Number Of Units 1 Under Agreement Yn No Utilities Available ElectricPhone Available Water Source Public Water Connected Zoning Mixed Commercial/Residential

Listing information © 2023 Smart MLS
Listing provided courtesy of Jocelyn Maggi of Century 21 North East: .


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-12-03T11:10:09.213.
 
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