2548 Boston Post RdGuilford, CT 06437

  • Retail properties
  • 4,964 SF
For Sale
$1,350,000 View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
2548 Boston Post Rd, Guilford, Connecticut

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,667
$197,330
$523,950
$721,280
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].