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108-110 Poquonnock Rd 1,700 SF Retail Building Groton, CT 06340 $379,000 ($222.94/SF)

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INVESTMENT HIGHLIGHTS

  • Restaurant Sales Volume High
  • Dry Basement with Hatchway
  • Close proximity to Subway, Dunkin Donuts and Sub- base
  • Restaurant Assets Included and Remodeled bar / kitchen / dining room
  • Apartment living for Owner or Investment
  • Residential Neighhood and close to main street with lots of shopping

EXECUTIVE SUMMARY

This is a Restaurant Opportunity to Live and Work on your property of 2455 sf. You can also lease out the Apartment and Restaurant for Passive Income. Additionally, it is a perfect scenario to offer living options to retain a chef or staff. The location is quaint on a side street but close enough to walk to a Dunkin Donuts location. There is bustling activity in the area and the restaurant has devoted customers that frequently dine-in and order takeout. This style cuisine is popular, but you can also change the menu to fit your needs. Currently it is BYOB with a wood bar set up to serve high volume non alcoholic beverages. Minor changes would be conducive to attaining a Liquor License or Beer/Wine Permit to increase sales volume. There has been superfluous renovations and attention to details in cleanliness and efficiency. The kitchen is well designed with a Hood and Ansul system; shiny clean commercial equipment. There is a pantry and prep area, comfortable booth seating/table seating as well as bar seating with high/low tables. Front windows let in the light. The basement is organized 780sf and accessible from kitchen or double hatchway. Customers can park on the street and in the back lot. Upstairs apartment has 2 bedrooms, 1 bathroom and multiple areas to enjoy the kitchenette and living room. There is a stackable washer/dryer & Commercial Refrigerator in addition to the household refrigerator. The restaurant has been in operation 1 year but was a Thai Restaurant prior to the current owners. The family lives and works daily with easy or no travel to their jobs. One member works in front and helps to prep, the others alternate cooking and prep. No Lease Available. - No Seller Financing. Income Taxes are not complete, we are selling the Building with Business Assets. If you choose to keep the name, your can repurpose the sign.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,700 SF
Building Class
C
Year Built/Renovated
1950/2024
Price
$379,000
Price Per SF
$222.94
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.10
Lot Size
0.38 AC
Zoning
GC - Zoned Multi - Use Restaurant and Apartment
Parking
3 Spaces (1.76 Spaces per 1,000 SF Leased)
Frontage
49’ on Poquonnock Rd

AMENITIES

  • Restaurant
  • Signage

NEARBY MAJOR RETAILERS

Citi
Liberty Bank
D'angelo Grilled Sandwiches
Planet Fitness
Applebee's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GROT-001688-000758-004005
Land Assessment
$74,928
Improvements Assessment
$23,912
Total Assessment
$98,840
  • Listing ID: 35341577

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 108-110 Poquonnock Rd, Groton, CT 06340

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