This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
26 W Main St
Niantic, CT 06357
26 W Main St., Niantic · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 3,080 SF |
| Property Subtype | Restaurant | Year Built | 1960 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,080 SF |
| Year Built | 1960 |
ABOUT THE PROPERTY
Business description: Absolute landmark, SHORELINE, turnkey restaurant serving breakfast, lunch & dinner LESS THAN 1/2 MILE FROM THE OCEAN . If you want to take over a long-time, successful tradition, don't miss this opportunity. Profitable, pristine furniture, fixtures and equipment. Great free parking for 40 car and free on-street parking available. Owner financing available. Full basement. Rent for way below market @ $5,000. NNN, and purchase business for $350,000. Building additionally for sale for market value of $689,000. June 2019 building appraisal available. $400,000. down payment. 15 year owner financing at 5% for both building and business. Property tax $8,900. annually to be paid monthly @ $742.00. Facilities: 3,300 sq. ft. building with full, 2,608 sq. ft. working basement on 0.64-acre lot. Satellite TV in place. 20 ft hood. In-ground grease trap. City water & sewer. Seats: bar 15, lounge 45, dining room 70. Permit in place for 1,000 sq. ft. deck. Full security system. Toast POS system. 2 walk-in refrigerators and 2 walk-in freezers. Growth/Expansion: Pay more attention to beautiful bar and lounge. Introduce craft beer. Market to Facebook, Instagram, beach crowd, and millennial audience.
- Pylon Sign
