292 Candlewood Lake Rd - Down the Hatch 5,104 SF Specialty Building Offered at $7,500,000 at a 7.17% Cap Rate in Brookfield, CT 06804

Down the Hatch is a well-established waterfront restaurant and the only restaurant accessible via a direct boat dock on Candlewood Lake, Connecticut’s premier recreational lake. With direct lake access and a successful operating history spanning over 40 years, this is a truly irreplaceable hospitality asset in a supply-constrained, high-barrier-to-entry market. The restaurant occupies a prime waterfront position and features expansive indoor and outdoor deck dining, creating a destination experience for boaters, tourists, and regional patrons alike. The property benefits from unmatched visibility and lake access, which cannot be replicated under current zoning and lake-use regulations, providing a durable competitive advantage and long-term value protection. The offering also includes immediately adjacent land currently used as housing for key employees. This additional parcel provides meaningful value-add and redevelopment optionality. A buyer may elect to convert the existing structures to income-producing rental property, reposition them for short-term or long-term rentals, or redevelop the site to align with the buyer’s vision, subject to approvals. This creates a rare opportunity to combine a proven, cash-flowing restaurant operation with future upside from real estate enhancement or expansion. From an investment perspective, the property offers multiple paths to value creation, including continued operation of a high-performing destination restaurant, expansion of event and private dining revenue, and optimization of the adjacent real estate. Waterfront restaurant sites with direct dock access are extraordinarily scarce, and regulatory, zoning, and waterfront use constraints create high barriers to entry that protect long-term value. This offering is well-suited for a hospitality operator, lifestyle investor, or strategic buyer seeking a flagship waterfront destination with both operating history and long-term development or income diversification potential. The combination of an iconic, long-standing restaurant, unmatched lake access, and adjacent land for future income or redevelopment makes this a truly unique opportunity on Candlewood Lake.