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240 Norwich Westerly RoadNorth Stonington, CT 06359MLS Number 170087799

  • Price: $750The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.53% last updated on 2018-07-12

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 2.38Acreage
  • 1991Year Built
  • 1,536Square Feet
  • One YearLease duration

This listing is for the Rental/Lease of a completely furnished and outfitted restaurant. Last use was a 20 year old, established, family owned, full service pizza restaurant. Tenant will be granted complete use of parking area, restaurant building and equipment. Landlord has kept the telephone number active and is willing to allow tenant to use same phone number as long as lease is in force. Rent/Lease payment is weekly in the amount of $750.00 paid directly to the owner/landlord. 8 weeks security deposit as well as first 4 weeks rental payment due upon lease signing and prior to taking possession/occupancy. Tenant simply needs to stock the restaurant with food items and begin generating cash flow immediately.

Listed by Mike Zerbini of IMT Realty

Driving Directions

Market Realty, LLC

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

More Info

Basic Information

  • StatusACT
  • List Price$750
  • Square Feet1,536
  • Lease durationOne Year
  • Security deposit details8
  • Lease price descOther
  • Lease purchaseNo
  • Purchase optionNo
  • Units1
  • Property TypeCommercial For Lease
  • MLS Number170087799

Exterior

  • Exterior featuresAwnings, Gutters, Lighting, Pole Sign, Roof Sign

Water Body

  • WaterfrontNo

Other

  • ExclusionsFramed Photo of North Stonington Town Hall in dining room
  • Landlord requirmentsCredit Check, References Required, Lease Required, Lease Restrictions
  • Landlord responability
    • Capital Improvements
    • Insurance
    • Property Management
    • Real Estate Taxes
    • Roof Maintenance
    • Sewer
    • Structural Maintenace
  • Tenant responability
    • Air Conditioning
    • All Utilities
    • Common Area Maintenance
    • Electricity
    • Exterior Maintenance
    • Grounds Maintenance
    • Heat
    • Hot Water
    • Insurance
    • Liability Insurance
    • Mechanicals
    • Snow Removal
    • Trash Service
  • ZoningDDD
  • SubdividableNo
  • SubletableNo
  • Space is leasedNo
  • Present usePizza/Restaurant -Building
  • Documents AvailablePlot Plan/Survey

Location

  • StateCT
  • Zip06359
  • CountyNew London
  • LocationHighway Access, Rural, Office Park

Property

  • Lot DescriptionDry, Level Lot, Sloping Lot, Treed
  • Garage
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • Road Frontage181
  • Road Frontage DescriptionU.S. Highway, State Road, Paved Road
  • SwimmingpoolNo
  • Acreage2.38

Auction

  • Bank owned propertyNo

Building

  • Year Built1991
  • FlooringCeramic Tile, Wall-to-Wall Carpet
  • FoundationConcrete, Masonry
  • Garage Parking InfoPaved
  • RoofAsphalt Shingle
  • Restrooms number of2
  • AtticNo
  • Building ConstructionFrame, Concrete, Masonry
  • Sqft sourcePublic Records
  • Stories2

Interior

  • Interior featuresPublic Restrooms, Security System

Utilities

  • Water sourcePrivate Well
  • Cooling SystemCentral Air, Heat Pump, Wall Unit
  • Heating FuelElectric, Propane
  • Heat SystemBaseboard, Heat Pump, Wall Unit
  • Septic approvalNo
  • Septic plan availableNo
  • Electric Num of Services1
  • Sewage systemSeptic
  • Utilities availableElectric, Gas, Telephone, Cable Available, Fire Suppression System

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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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