- Zip Code06704
- WaterPublic Water Connected
- SewerPublic Sewer Connected
- High SchoolPer Board of Ed
- Estimated Taxes$4, 318
- Assessment$71, 710
HARD TO FIND! 7.75% CAP Rate - 4-way corner signalized traffic light take-out restaurant on retail pad AND double-revenue producing billboards is now available. Current location features the restaurant that is leased and the 2 billboards that are leased. All restaurant equipment is owned by the owner. Parking for 9 vehicles plus 1 handicap spot, dumpster in rear. ALSO INCLUDED! An April 2018 APPROVAL FOR a 1620 SF retail center new structure. This highly visible corner can be the new home of your single story retail or multi-store building. This is an ideal location for multi-retail uses including food, entertainment, service friendly type of businesses or used car parking lot. Perfect small project for an investor, developer or for an owner occupied business. All kitchen equipment except hood system and water heater is NOT included in sale. Kitchen equipment includes: prep table, 2 freezers, cooler, toaster, grill, 2 fryers, grease trap, 2 TV's, 3-bay sinks, 6 foot hood. 2 year lease on restaurant. Billboards are bi-annually leased for $475.00 per month to a friend. Typically would be $800 ($400 each side). Vicinity of national franchises recently renovated industrial buildings with offices and residential housing, so there is a lot of foot-traffic and vehicle traffic. Location is 1/2 mile to Rte 8, Exit 20. Huntington/Homer Street and Thomaston Avenue intersection.
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Listing courtesy of: Jeanette Politano, Coldwell Banker Residential Brokerage
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