264 Shore Road

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264 Shore Road

Old Lyme, CT 06371
Asking Price
$875K
Asset Type
QSR/Fast Food Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Turnkey pizzeria located at 264 Shore Road in Old Lyme.
  • The retail asset is offered for sale for 875,000 dollars.
  • Property is specifically designed for quick-service or fast-food operations.
  • Commercial space situated within the coastal Connecticut regional market.
  • Current configuration facilitates immediate transition for restaurant business buyers.

What's Special

Operating as a turnkey pizzeria, this retail asset at 264 Shore Road in Old Lyme, Connecticut, presents an established commercial space suitable for continued food service operations. The property is currently configured for quick-service restaurant use, allowing for a seamless transition for new owners or operators entering the local culinary market. Its position in Old Lyme benefits from the regional coastal character and steady activity typical of this New England town. Investors or business buyers seeking a fast-food or restaurant location may find this site well-suited for its existing utility and professional kitchen layout. The structure serves as a functional retail unit positioned to capture consumer traffic within the submarket. With its specific focus on the quick-service restaurant sector, the site supports various food-oriented business models looking for a permanent footprint in this growing community.

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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,329.023
Annual Cash Flow
$28,051.729

Location & Travel Times