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INVESTMENT HIGHLIGHTS
- This offering includes a prime shoreline restaurant site with an additional vacant lot.
- The property benefits from heavy summertime traffic counts.
- Multi-family or condo approval is possible for the lot.
EXECUTIVE SUMMARY
Coldwell Banker Commercial Realty presents for sale 359 Boston Post Road, Westbrook, CT. This investment & development opportunity consists of a well-known restaurant, with additional acreage available for multi-family or retail development. Located on 1.89 acres with spectacular views overlooking the Long Island Sound inlet and marsh. The current space could be modified to accommodate many different retail uses.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,372 SF
Building Class
C
Year Built
1959
Price
$749,000
Price Per SF
$101.60
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.89 AC
Zoning
CB - Central Business
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
192’ on Boston Post Rd
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | WBRO-000188-000000-000017 | Improvements Assessment | $358,340 |
| Land Assessment | $302,440 | Total Assessment | $660,780 |
PROPERTY TAXES
Parcel Number
WBRO-000188-000000-000017
Land Assessment
$302,440
Improvements Assessment
$358,340
Total Assessment
$660,780
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359 Boston Post Rd
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