2548 Boston Post RdGuilford, CT 06437

Property Details for 2548 Boston Post Rd

Year built

1970

Construction

FRAME

Lot size

1.00 AC

Property size (Sq ft)

4,964 SF

Zone code

TS2

Property type

Turn key restaurants

APN

GUIL M:84014

APU

GUILM84014

Description

This exceptional turn-key commercial property, located at 2548 Boston Post Road in the desirable town of Guilford, Connecticut, presents a unique investment opportunity. The 4,964 square foot building boasts a fully equipped restaurant and banquet space, perfect for a variety of culinary ventures. Two full kitchens provide ample space for food preparation, while the expansive 1-acre level lot offers significant zoning and development potential. The restaurant features a large patio area complete with a koi pond, creating a serene and inviting atmosphere. Inside, a 50-seat bar and lounge area with a fireplace provides a comfortable gathering space. The main dining area comfortably seats 75 guests and includes a charming side sunroom, bathed in natural light. High 12-foot ceilings add to the spacious feel. A fully functional basement offers additional storage and utility space. Ample parking is available in the dedicated lot. Adding to the property's versatility is a 2-bedroom apartment located on the second floor, ideal for staff housing or generating additional rental income. This prime location on the heavily traveled Boston Post Road in a quaint, upscale coastal town ensures high visibility and accessibility. The property's combination of existing infrastructure, ample space, and prime location makes it an exceptional opportunity for a discerning investor or entrepreneur.

• CAP approach

  CAP return

  Valuation

  6%

  $1,206,425

  6.5%

  $1,113,623

  7%

  $1,034,079

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,634,462

  Geo Method

  $1,634,462

• Alternative Use

  Use

  Valuation

  Residential

  $939,383

  Hospitality

  $860,470

  Educational

  $715,901

  Medical

  $740,522

  Retail

  $1,113,623

Location Insight

City

Guilford

County

New Haven

State

Connecticut

Latitude

41.3087

Longitude

-72.7268

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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