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201 N Main St

2,916 SF Retail Building Stonington, CT 06378 $625,000 ($214/SF)

Executive Summary

TURN KEY RESTAUARANT OPPORTUNITY WITH LIVING QUARTERS ABOVE THE RESTAURANT! Rare opportunity to own and re-open a well established, family run 68 seat full service restaurant (real estate included) located just steps outside of Stonington Borough. All equipment, furniture and fixtures are included. An owner/operator can run the restaurant and live upstairs offering the ability to quickly gain equity and control your own rent! Plenty of off street parking, this restaurant has a great local following! An investor can gain steady business income if desired. The second floor apartment offers 2 bedrooms, a nice open kitchen/dining/living room space with ample storage available on the finished 3rd floor. Take advantage of the growing culinary destination of Mystic/Stonington! Walk to the boatyard, shopping, library, paddle tennis, community center and highly successful and popular Velvet Mill. Quiet and attractive courtyard in back.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,916 SF
Building Class
C
Year Built
1901
Price
$625,000
Price Per SF
$214
Building Height
2 Stories
Zoning
DB-5

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
STON-000100-000013-000002
Land Assessment
$66,600
Improvements Assessment
$220,300
Total Assessment
$286,900
  • Listing ID: 29576640

  • Date on Market: 9/21/2023

  • Last Updated:

  • Address: 201 N Main St, Stonington, CT 06378

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