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Restaurant Bar 100% Leased 142 Old Turnpike Rd

2,324 SF Retail Building Thompson, CT 06277 $1,193,978 CAD ($514 CAD/SF) 4.24% Cap Rate

Restaurants Connecticut Thompson 142 Old Turnpike Rd, Thompson, CT 06277

Investment Highlights

  • 100% occupied NNN lease
  • Newly renovated in 2024
  • Borders MA and RI

Executive Summary

Own a local landmark, a freestanding 2,324 SF restaurant/bar and 600 SF storage building in Thompson, CT, zoned for commercial use. Newly renovated in 2024, this fully occupied property is under a NNN lease, making it an excellent investment opportunity. Situated at the crossroads of MA and RI, and just minutes from Thompson Speedway, the location offers easy access from Exit 50 off Route 395. The property features 30 parking spaces and is nestled in a charming New England village atmosphere, adding to its appeal for both local patrons and visitors. Don't miss out on this prime commercial opportunity!..

Attachments

Building Layout FP 142 Old Turnpike 10.10
142 Turnpike Rd FC 9.7

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,324 SF
Building Class
C
Year Built/Renovated
1960/2024
Price
$1,193,978 CAD
Price Per SF
$514 CAD
Cap Rate
4.24%
NOI
$50,568 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.60 AC
Zoning
Comm - Restaurant/Club
Parking
30 Spaces (12.91 Spaces per 1,000 SF Leased)
Frontage
140 ft on Quinebaug Rd

Amenities

  • Restaurant
  • Air Conditioning
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142 Old Turnpike Rd, Thompson, CT - aerial map view

PROPERTY TAXES

Parcel Number THOM-000003-000078-000002 Improvements Assessment $146,545 CAD
Land Assessment $53,008 CAD Total Assessment $199,553 CAD

PROPERTY TAXES

Parcel Number
THOM-000003-000078-000002
Land Assessment
$53,008 CAD
Improvements Assessment
$146,545 CAD
Total Assessment
$199,553 CAD
(860) 336-6675

  • Listing ID: 33479480

  • Date on Market: 2024-10-10

  • Last Updated:

  • Address: 142 Old Turnpike Rd, Thompson, CT 06277

The Retail Property at 142 Old Turnpike Rd, Thompson, CT 06277 is currently available For Sale. Contact Berkshire Hathaway HomeServices New England for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 1 of 12
Photo Oct 10 2024, 12 30 15 PM (2)
142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 2 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Aerial- Image 3 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 4 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 5 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 6 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 7 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 8 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 9 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 10 of 12
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142 Old Turnpike Rd, Thompson, CT for sale Building Photo- Image 11 of 12
Photo Oct 10 2024, 12 29 29 PM (2)

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Restaurant Bar 100% Leased | 142 Old Turnpike Rd
(860) 336-6675 x

Restaurant Bar 100% Leased | 142 Old Turnpike Rd

Michael Collins

(860) 336-6675

(860) 336-6675

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