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20072862
20072858

242 Broad St, Manchester, CT 06040

HC
CT CT: REB.0795295, MA MA:1002231
EXP Commercial
Listed by EXP Commercial
$825,000
624 days on market
Updated 6 days ago
Opportunity zone

Standalone Resturant Building - Full kitchen & dining room

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 3,292
Units 1
Occupancy 100%
Tenancy Single
Class B
Year Built 1967
Zoning GB
Parking Spaces 30 spaces
Parking Per SqFt 9.11
Investment Type Core+
Ground Lease No

Standalone Restaurant building for sale in desirable location!

Marketing description

For Sale: A well-established restaurant property (building only) in Manchester, CT, presenting an outstanding opportunity for restaurant operators. This property offers prime visibility in a high-traffic location, just minutes from I-84 and downtown Hartford. Surrounded by thriving businesses, the building features ample parking, a large monument street sign, a fully fenced outdoor dining area, and a grab-and-go counter, along with an indoor dining space.

With a total of 4,000 usable square feet, the property includes 2,284 sq. ft. of restaurant space, 1,008 sq. ft. of finished office/breakroom on the second floor, and an additional 1,008 sq. ft. of full basement storage for equipment and overstock. The property has been meticulously maintained with over $300k in upgrades over the past eight years, including a stainless steel kitchen with a large hood system, walk-in freezer and refrigerator, tile floors, a repaved parking lot, and two new AC units.

This turnkey space is perfect for continued restaurant use or other commercial ventures, including splitting into two retail spaces.

Investment highlights

  • 2,292 SF ideal for Restaurant use.
  • 1008 sqft full basement for storage
  • 1008 sqft private office and break room upstairs
  • Single unit with flexible layout options.
  • Built in 1967, offering timeless appeal.
  • Zoned GB for versatile business opportunities
  • Prime location in the bustling Manchester area
  • Fully stainless steel walls in the kitchen
  • Large hood and fire suppression system
  • New flat roof
  • Walk-in freezer & refrigerator
  • Bathrooms remodeled
  • Private business office upstairs
  • Natural gas
  • 30+ parking spaces
  • The sale includes all FF&E

Listing Contacts

HC
CT CT: REB.0795295, MA MA:1002231
EXP Commercial
Listed by EXP Commercial

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Additional Information

Name
Howie Coro
License
CT: REB.0795295
Brokerage
eXp Commercial
Brokerage Phone
860-743-1695
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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