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

📍 111 Montauk Avenue, New London, CT
🏷  Restaurant Retail · For Sale
💰 $170K

Ideal for Breakfast, Lunch, Coffee, Takeout, Meal Prep or Specialty Food Concepts

<ul><li>Approx. 630 SF</li><li>Existing commercial kitchen space</li><li>Hood system</li><li>Three-bay sink, hand sink, grease trap</li><li>City Water, Sewer, and Gas</li><li>Indoor and cover

Full financials, photos, and broker contact:
https://commrty.com/property/connecticut/new-london/ready-to-operate-restaurant-space-minimal-start-up-buildout-2491791-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=ready-to-operate-restaurant-space-minimal-start-up-buildout-2491791

#NewLondon #Retail #CommercialRealEstate #CRE #Investment

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Home/CT/New London

111 Montauk Avenue

New London, CT 06320

Asking Price

$170K

Asset Type

Restaurant Retail

Class

Class B

What's Special

Ideal for Breakfast, Lunch, Coffee, Takeout, Meal Prep or Specialty Food Concepts <ul><li>Approx. 630 SF</li><li>Existing commercial kitchen space</li><li>Hood system</li><li>Three-bay sink, hand sink, grease trap</li><li>City Water, Sewer, and Gas</li><li>Indoor and covered outdoor seating</li><li>Ideal for takeout or cozy dine-in</li><li>Turnkey potential for qualified operator</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

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

NOI

$80,000

Cap Rate

47.06%

DSCR

7.93

Strong

Cash-on-Cash

137.07%

Monthly Payment

$841.067

Annual Cash Flow

$69,907.193

Location & Travel Times

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