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178-182 Pine St
Bristol, CT 06010 Bristol/Plainville

$459,000 USD

Restaurant For Sale • 2,640 SF

Property Details

Property Type Restaurant
Total Building Size 2,640 SF
Lot Size 0.3 AC
Building Class C
Year Built 1950
Cap Rate 8.85 %
Tenancy Single
Zoning BN

0 Transit Score

54 Walk Score

                
                    Highlights
                
                                Fully leased 2-unit retail investment 
                            
                                New 10-year and 5-year leases
                            
                                Tenants pay all utilities and all day-to-day operating expenses
                            
                                NOI: $40,600

Financial Summary (Actual)

Net Operating Income: $40,600 USD (2024)

Cap Rate:	8.85 %
Total Expenses:	$12,200 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Mama Theresas LLC	1,300 SF	1/31/2035
Mom & Pops Smoke Shop LLC	1,300 SF	2/12/2031

Amenities

24 Hour Access
Restaurant
Signage
Monument Signage

Public Transportation

Airport	Drive	Walk	Distance
Bradley International	28 min	-	31.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Noah Matthews 203-753-5800 Matthews Commercial Properties, LLC

178-182 Pine St Bristol, CT 06010 Bristol/Plainville