For Sale
$1,695,000

237 New Britain RdBerlin, CT 06037

Profitable Restaurant - Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8,514 square foot restaurant in Berlin, Connecticut, presents a lucrative investment opportunity. Located at 237 New Britain Rd, 06037, this single-story, Class C retail property sits on a 0.97-acre lot and boasts 80 off-street parking spaces. Built in 2008 and renovated 25 years ago, the property features a stunning interior and exterior design, including a spacious ballroom accommodating up to 220 guests, and a separate upstairs area for private parties of up to 40. Additional amenities include a bar and lounge with a fireplace, an outdoor patio, a 30-foot variable speed hood in the kitchen, and an 812 square foot basement. Two of the four restrooms are ADA compliant. The property is currently 100% occupied under a Net Lease (NNN) agreement with a monthly rent of $7,500. The asking price is $1,695,000 ($199.08/sq ft), with owner financing negotiable. The property is zoned CC D-1. This turnkey operation is ideal for a savvy investor seeking a high-return, established business with significant potential. The sale includes all furniture, fixtures, and equipment.

Highlights

  • 8,514 SF building on a 0.97-acre lot.
  • Two of four restrooms are ADA compliant.
  • 80 off-street parking spaces.
  • Full-service kitchen with a 30-foot variable speed hood.
  • Bar and lounge with fireplace, seating for 85.
  • 812 SF basement.

Property Details for 237 New Britain Rd

Property type
Retail properties, Restaurants
Square Feet
8,514 SF
Class
C
Year Built/Renovated
2008/25
Buildings
1
Stories
1
Lot Size (sq. ft)
42,253 SF
Units
1

Location Insight

City
Berlin
County
Hartford
State
Connecticut
Latitude
41.6422204
Longitude
-72.7697892
237 New Britain Rd, Berlin, Connecticut

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237 New Britain Rd
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