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Johnny's Clam Shack 184 N Main St 1,450 SF 100% Leased Retail Building Norwich, CT 06360 $339,900 ($234.41/SF)
Investment Highlights
- Busy, seasonal clam shack. Outdoor dining and inside in pavilion which has potential for various usage. ADA compliant, ample parking
Executive Summary
Seasonal Seafood/Fry Shack, Close to Harbor/Marina
Priced to sell, below market value. Instant Equity! Owner / Buyer Finance Available . Options to buy just the business or property with business. 40k to 50k monthly gross revenue , low taxes and low overhead for owner operator. Plenty of parking and storage space with over 1 acre of prime commercial property, on a very busy State Rte 12. Optional transition package for the right buyer, will assist with vendors, opening, ordering, recipes, staffing, payroll, and marketing. Will Also include 2 years of a “Free” paid phone line, current being used since 2018! ADA Compliant! NEW 70k ADA BATHROOM! Cover Seating for 50, (2) customer bathrooms, 1 ADA Bathroom, and 1 employee restroom.
Priced to sell, below market value. Instant Equity! Owner / Buyer Finance Available . Options to buy just the business or property with business. 40k to 50k monthly gross revenue , low taxes and low overhead for owner operator. Plenty of parking and storage space with over 1 acre of prime commercial property, on a very busy State Rte 12. Optional transition package for the right buyer, will assist with vendors, opening, ordering, recipes, staffing, payroll, and marketing. Will Also include 2 years of a “Free” paid phone line, current being used since 2018! ADA Compliant! NEW 70k ADA BATHROOM! Cover Seating for 50, (2) customer bathrooms, 1 ADA Bathroom, and 1 employee restroom.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,450 SF
Building Class
C
Year Built/Renovated
2005/2022
Price
$339,900
Price Per SF
$234.41
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
0.99 AC
Zoning
GC
Amenities
- Restaurant
- Signage
- Wheelchair Accessible
- Storage Space
Property Taxes
| Parcel Number | NORW-000094-000005-000074 | Improvements Assessment | $27,500 |
| Land Assessment | $65,700 | Total Assessment | $93,200 |
Property Taxes
Parcel Number
NORW-000094-000005-000074
Land Assessment
$65,700
Improvements Assessment
$27,500
Total Assessment
$93,200
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Johnny's Clam Shack | 184 N Main St
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