616 Post Road East

Westport, CT
$ 99,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

CURRENTLY A RUNNING RESTAURANT, TURNKEY OPERATION, EXCELLENT POST ROAD LOCATION. NO DRIVE BY, NO TALKING TO EMPLOYEES. LOW RENT IF YOU BUY THE RESTAURANT BUSINESS THAT WAY YOU ASSUME THE RESTAURANT LEASE AND LANDLORD HAS OFFERED THE SAME RENT AMOUNT TO THE NEW TENANT. Current lease is signed based on $40 per square foot. It is about 2500+700 sf storage in the basement, Monthly rent 7700 + NNN. if any buyer wants to take advantage of the low rents this is an excellent opportunity. The new rents in the area are $45 to 60 per sf. Business Owner's reason for selling is he has opened more restaurants and wood like to sell one of them as he can not manage alone. Also there is another retail space available adjacent to this restaurant, about 2000 sf, if you need 4500 sf it is available immediately. please call for any questions.

Commercial

  • Price
  • $ 99,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Westport
  • Taxes
  • 10000
  • County
  • FAIRFIELD
  • Style
  • Business For Sale
  • Area
  • MLS#
  • 170266031
  • Zip
  • 06880
Listing Provided by: Platinum Property Realty
Data Source: GFC CMLS and CTMLS (SmartMLS)

Features

General

Business Name The Mumbai Times
Location Highway Access
Neighborhood In-Town
Present Use Restaurant
Property Type Business For Sale
Status Active
Tax Year July 1999-June 2000
Utilities Available None/Unknown
Virtual Tour https://app.immoviewer.com/landing/unbranded/5ef4cb55af34476101d1ea93
Virtual Tour Yn Yes
Year Business Established 25
Zoning CL

Interior Features

Cooling System None
Heat Fuel Type Other
Heat Type Other

Exterior Features

Foundation None
Garage Parking Info Paved, Off Street Parking, Parking Lot
Road Frontage Description None
Roof Information Not Applicable
Sewage System Public Sewer Connected
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Storrs, CT office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/23/2020 Listed $70,000
11/1/2020 29% - $50,000

Property vs Zip Code Average in 06880

Price
AVG $20K
$100K
Taxes
AVG $10,000
$10,000
Visits
AVG 54
69
Walkscore
AVG 49
52
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

616 Post Road East Westport, CT is a Single Family Home for sale at $99000 and a lot size of Acre(s). 616 Post Road East Westport has 0 bedrooms, 0 baths . The property's zip code is 06880 which is in Westport, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.