8 Main StRedding, CT 06896
- Other commercial real estate
- 5,817 SF
Property Details for 8 Main St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.66 AC
- Property size (Sq ft)
- 5,817 SF
- Zone code
- BC
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- REDD M:46 L:60
- APU
- REDDM46L60
Description
This exceptional 1,800-square-foot restaurant space at 8 Main Street, Unit B, is available for lease starting March 1, 2025. The property boasts a fully renovated interior, perfect for immediate occupancy. A significant feature is the large commercial kitchen, equipped with a hood system, Ansul fire suppression system, walk-in cooler and freezer, and a grease trap. The space also includes an 80-gallon propane-fired water heater, ensuring efficient and reliable hot water supply. Climate control is handled by high-efficiency Mitsubishi mini-split heating and air conditioning units, providing optimal comfort year-round. The layout is designed for maximum efficiency and guest comfort, featuring two ADA-compliant bathrooms and multiple egress doors, allowing for seating capacity exceeding 60 guests. An outdoor seating area adds to the appeal, expanding the dining options. Large storefront windows flood the interior with natural light, creating a welcoming atmosphere. Conveniently located across the street is a municipal parking lot, ensuring ample parking for patrons. The base rent is $4,475 per month, plus common area maintenance (CAM) charges, with multi-year lease options available. Utilities are separately metered. This turnkey opportunity presents a rare chance to establish or relocate a restaurant in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,413,734
- 6.5%
- $1,304,985
- 7%
- $1,211,772
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,915,324
- Geo Method
- $1,915,324
-
Alternative Use
- Use
- Valuation
- Residential
- $1,100,804
- Hospitality
- $1,008,330
- Educational
- $838,919
- Medical
- $867,771
- Retail
- $1,304,985
Location Insight
- City
- Redding
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.2572
- Longitude
- -73.427
- 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].