109 Black Rock TpkeRedding, CT 06896
- Other commercial real estate
- 3.73 AC
Property Details for 109 Black Rock Tpke
- Lot size
- 3.73 AC
- Zone code
- R-2
- Property type
- Other commercial real estate
- APN
- REDD M:31 L:95
- APU
- REDDM31L95
Description
The Spinning Wheel Restaurant, a Redding, CT landmark, presents a unique investment opportunity. This single-tenant property, situated on nearly four acres at 109 Black Rock Tpke, 06896, offers 10,665 square feet of versatile space. Currently operating as a highly successful restaurant and banquet hall, it's renowned for hosting weddings, corporate events, and other large gatherings. The expansive kitchen is designed for flexible service options, catering to dine-in, takeout, and catering needs. Beyond the main building, a large patio and beautifully landscaped grounds provide additional seating for over 128 guests, offering stunning views of the surrounding gardens and picturesque New England scenery. This established business enjoys a prime location in Redding, Connecticut, and benefits from its reputation as a premier destination for special events and fine dining. The property's size and amenities make it ideal for a variety of culinary ventures, allowing a new owner to build upon its existing success or adapt it to a new concept. This is a chance to acquire a piece of Redding's culinary history and establish a thriving business in a desirable location. The property's latitude and longitude coordinates are 41.299734, -73.345586.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $30,747,382
- Hospitality
- $28,164,436
- Educational
- $23,432,480
- Medical
- $24,238,360
- Retail
- $36,450,524
Location Insight
- City
- Redding
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.2996
- Longitude
- -73.3459
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].