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🏢 Just listed — Restaurant Retail for sale in Meriden, CT.

📍 75 Pomeroy Ave, Meriden, CT
🏷  Restaurant Retail · For Sale
💰 $370K

Retail | 3,864 SqFt Business Asking price $369,500. Rent: $5,990. Modified NNN

<ul><li><span style="color: rgba(0, 0, 0, 1)">Well-established restaurant & pizzeria operating approximately 30 years</span></li><li><span style="color: rgba(0, 0, 0, 1)">Approx. $1.3M reported annu

Full financials, photos, and broker contact:
https://commrty.com/property/connecticut/meriden/lidos-restaurant-pizzeria-2497042-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=lidos-restaurant-pizzeria-2497042

#Meriden #Retail #CommercialRealEstate #CRE #Investment

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Home/CT/Meriden

75 Pomeroy Ave

Meriden, CT 06450

Asking Price

$370K

Asset Type

Restaurant Retail

Class

Class B

What's Special

Retail | 3,864 SqFt Business Asking price $369,500. Rent: $5,990. Modified NNN <ul><li>Well-established restaurant & pizzeria operating approximately 30 years</li><li>Approx. $1.3M reported annual sales</li><li>Full liquor license included</li><li>Turnkey operation with established customer base</li><li>Approx. 3,864 SF restaurant facility</li><li

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

21.65%

DSCR

3.65

Strong

Cash-on-Cash

52.38%

Monthly Payment

$1,828.084

Annual Cash Flow

$58,062.987

Location & Travel Times

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