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Bank StreetNew London, CT 06320MLS Number 170163241

  • Price: $115,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.57% last updated on 2019-10-10

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

  • 0.12Acreage
  • 1900Year Built
  • 3,223Square Feet
  • $639,000Gross annual income

Thai and sushi restaurant business since 2015 in the heart of downtown. Eclectic space & vibe. 20 Ft ceilings. Public Water & Sewer. Lots of foot traffic. 70% food; 30% liquor. Very active dining area with 50 seats plus bar stools. Sushi room separate with counter and seating w/ view of freshly prepared product. Neighbor to dozens of retail businesses and offices. 2017 $627,000 annl sales on 1040s/ Schedule C upon request. Runs with 2 GMs and excellent staff that will remain.

Listed by Geri Jacobson of Lyman Real Estate

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

  • Broker NameLyman Real Estate
  • List Price$115,000
  • MLS Number170163241
  • Property TypeBusiness For Sale
  • StatusACT
  • TownNew London
  • Gross annual income$639,000
  • Also for leaseNo

Interior

  • Seating capcity70

Utilities

  • Heat SystemBaseboard
  • Heating FuelElectric
  • Utilities availableElectric
  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$671,650
  • Tax YearJuly 2019-June 2020
  • Milrate base39
  • Milrate tax district1

Building

  • FoundationConcrete
  • RoofTar/Gravel
  • Year Built1900
  • AtticNo
  • Garages
  • Garage Parking InfoOn Street Parking
  • Square Feet3,223
  • Restrooms number of2
  • Stories1
  • Additional space availableNo

Water Body

  • WaterfrontNo

Other

  • Documents AvailableBrochure, Demographic Data
  • Lease purchaseNo
  • Purchase optionNo
  • Landlord requirmentsCredit Check, References Required, Security Deposit
  • Landlord optionsPossible Lease Purchase
  • Landlord responabilityCommon Area Maintenance, Exterior Maintenance, Real Estate Taxes
  • Inventory includedNo
  • Space is leasedYes
  • Present useRestaurant/Bar
  • Equipment includedall f, f and e
  • View Count60

Basic Information

  • Agent IDJACOBSOG,

Location

  • CountyNew London
  • LocationDowntown, Historic Area
  • StateCT
  • Zip06320

Property

  • Acreage0.12
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business nameRestaurant/Bar
  • Employees number of8
  • Road Frontage DescriptionState Road, Municipal Street
  • SwimmingpoolNo
  • Land included w businessBusiness Only (No Real Estate)

Auction

  • Bank owned propertyNo

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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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