NOMADEReal Estate

$750,000

Closed

81 Main St. Street

East Hampton, Connecticut, 06424 · Middlesex County

11,288

Sq Ft

1920

Built

MLS # 170218212

Price / Sq Ft

$66

Property Type

Commercial For Sale

Lot Size

1.21

Class

Property

About This Property

Substantial Reduction in Price to $750,000 from $1,095,000 *The owners request No Contingencies & Sold As Is . There is an Option to purchase next door house (83 N Main St) for $250,000 that can be rented out as a home and also rented out to 81 N Main Restaurant for use of land to extend beer garden. This is a stunning investment waterfront property on popular Pocotopaug Lake which includes all existing restaurant business assets. The adjacent houses are optional to reopen operations of the restaurant for parking and additional area for the Tiki Beer Garden. Potentail gross income for the house rent is $3,100 per month (as the property owners have collected over the years). 77 N Main St. Property is to the right of 81 N and was formerly utilized for use of the extension of the beer garden. The real estate LLC formerly charged the restaurant $1,000 a month to lease. 83 N Main St is the house to the left 2 doors down. This property was formerly utilized for the Extra Parking Lot when the Restaurant had Huge Bands and Events. The restaurant formerly paid $1,000 to the real estate llc to rent the lot. There is plenty of parking in the Main Lot to support the restaurant customers.

Property Details

81 Main St. Street, East Hampton Connecticut 06424 — Commercial For Sale listed at $750,000.

At a Glance

--

Bedrooms

--

Bathrooms

11,288

Sq Ft

1.21

Lot Size

--

Garage

1920

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodMiddlesex
Address81 Main St. Street
MLS Number170218212
Year Built1920
Square Footage11,288
Lot Size1.21
Water SourcePrivate Well

Property Details

Financial

Assessed Value593390
Mil Rate Total33.14
Property Tax19665
Tax YearJuly 2020-June 2021

Other Details

Business Included YNNYes
Documents AvailableBrochure,Other
Numberof Tenants1
Parcel Number978442
Subdividable YNUYes
Virtual Tourhttps://www.youtube.com/watch_popup?v=3DwytZN8tc4&feature=youtu.be
Virtual Tour YN1
ZoningC

Property Features

Cooling SystemCentral Air
FlooringCeramic Tile,Wall-to-Wall Carpet
Foundation TypeConcrete
Garage ParkingPaved,Parking Lot
Heat Fuel TypeNatural Gas
Heat TypeHot Air
Interior FeaturesFire Suppression System,Public Restrooms,Security System
Roof InformationAsphalt Shingle

All Photos (34)

Affordability Calculator

$750,000

Down Payment$150,000
Loan Amount$600,000
Principal & Interest$3,792/mo
Property Tax$750/mo
Insurance$100/mo
Est. Monthly$4,642/mo

Listing Agent

J

Jen Swerdlick

Fine and Company, LLC

Contact Jen Swerdlick

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Quick Facts

StatusClosed
TypeCommercial For Sale
ClassProperty
MLS #170218212
Last Updated2020-09-17