Restaurant Building - Manchester CT

242 Broad St Manchester, CT 06040

242 Broad St, Manchester, CT, 06040
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FOR SALE
Property Type:
Street Retail
Amount:
$675,000
Last Verified:
Sep 17, 2024

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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 space
  • - well-established reoccurring customer base

Description

For Sale: A well-established restaurant property (building only) in Manchester, CT, presenting an outstanding opportunity for investors or 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.

Located in the heart of Manchester, CT, this successful restaurant property sits in a prime, high-traffic area just minutes from major highways, including I-84. The building enjoys excellent visibility and accessibility, surrounded by a mix of thriving businesses and retail establishments, making it a popular destination for locals and visitors alike. With its close proximity to downtown Hartford, strong demographics, and consistent foot traffic, this location offers a rare opportunity for investors or operators looking to capitalize on Manchester's vibrant commercial corridor. The property includes ample parking, making it ideal for continued restaurant use or other commercial ventures. Don’t miss out on this rare investment opportunity in one of Manchester's most sought-after commercial areas!


Year Built: 1967
Building Size: 3292sq ft
Lot Size: 0.39 acres

Map of 242 Broad St, Manchester, CT, 06040

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.