2548 Boston Post RdGuilford, CT 06437
- Retail properties
- 4,964 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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