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- 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
ATTACHMENTS
| flyer |
Listing ID: 17540870
Date on Market: 10/24/2019
Last Updated:
Address: 26 W Main St, Niantic, CT 06357
The Retail Property at 26 W Main St, Niantic, CT 06357 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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