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242 Broad St
Manchester, CT 06040
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • 2,284 SF ideal for Restaurant use
  • well-established reoccurring customer base
  • Private upstairs office area.
  • Large hood and fire suppression system
  • Full basement

EXECUTIVE SUMMARY

Located in the heart of Manchester, CT, this successful restaurant property sits in a prime, high-traffic area just minutes from major highways, including I-84. The building enjoys excellent visibility and accessibility, surrounded by a mix of thriving businesses and retail establishments, making it a popular destination for locals and visitors alike. With its close proximity to downtown Hartford, strong demographics, and consistent foot traffic, this location offers a rare opportunity for investors or operators looking to capitalize on Manchester's vibrant commercial corridor. The property includes ample parking, making it ideal for continued restaurant use or other commercial ventures. Don’t miss out on this rare investment opportunity in one of Manchester's most sought-after commercial areas!

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,484 SF
Building Class
C
Year Built
1967
Price
$850,000
Price Per SF
$189.56
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
B3 - Business
Parking
20 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
86’ on Broad

AMENITIES

  • Bus Line
  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MANC-000061-000730-000242
Land Assessment
$112,400
Improvements Assessment
$132,200
Total Assessment
$244,600
  • Listing ID: 35055599

  • Date on Market: 3/7/2025

  • Last Updated:

  • Address: 242 Broad St, Manchester, CT 06040

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