Restaurant Real Estate +3Family Investment Portfolio|357–359 Salmon St
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Cambridge House Brew Pub presents a unique opportunity to acquire an established American casual full-service restaurant that also brews beer for on-site consumption in Granby, Connecticut.
The offering provides flexibility for a new owner to continue the existing concept or bring their own restaurant concept to a well-established location with substantial infrastructure already in place.
The business is offered at $175,000, including an estimated $147,000 in Furniture, Fixtures & Equipment (FF&E). Product inventory of approximately $15,000 is additional and sold dollar-for-dollar at wholesale cost.
The restaurant operates from an approximately 5,300 SF commercial property with 80-car on-site parking and 6 auto charging stations on the premises.
The restaurant real estate is available for $749,000. An adjacent legal 3-family investment property is also available for $450,000, creating an opportunity for additional rental income.
Current multifamily rents are approximately $1,400 first floor, $1,200 second floor and $1,050 third floor, producing approximately $43,800 in annual gross rental income.
Properties may be purchased separately. Owner financing is negotiable.
The offering provides flexibility for a new owner to continue the existing concept or bring their own restaurant concept to a well-established location with substantial infrastructure already in place.
The business is offered at $175,000, including an estimated $147,000 in Furniture, Fixtures & Equipment (FF&E). Product inventory of approximately $15,000 is additional and sold dollar-for-dollar at wholesale cost.
The restaurant operates from an approximately 5,300 SF commercial property with 80-car on-site parking and 6 auto charging stations on the premises.
The restaurant real estate is available for $749,000. An adjacent legal 3-family investment property is also available for $450,000, creating an opportunity for additional rental income.
Current multifamily rents are approximately $1,400 first floor, $1,200 second floor and $1,050 third floor, producing approximately $43,800 in annual gross rental income.
Properties may be purchased separately. Owner financing is negotiable.
About the Property
- Type
- Other Business Real Estate
- Building Status
- Established
- Facilities & Assets
- Cambridge House Brew Pub operates from an approximately 5,300 SF full-service restaurant facility at 357 Salmon Brook Street in Granby, CT. The property offers approximately 80 on-site parking spaces and 6 auto charging stations. The facility is equipped for full-service restaurant operations with on-site beer brewing capabilities.
The business sale includes approximately $147,000 in Furniture, Fixtures & Equipment (FF&E). Product inventory of approximately $15,000 is additional and sold dollar-for-dollar at wholesale cost.
The restaurant real estate is offered at $749,000. An adjacent legal 3-family investment property at 359 Salmon Brook Street is also available for $450,000, with current rents of $1,400, $1,200 and $1,050 per month, generating $43,800 in annual gross rental income.
Properties may be purchased separately. Owner financing is negotiable for qualified buyers. - Location Description
- Located at 357 Salmon Brook Street in Granby, CT, this established restaurant location offers excellent visibility, convenient access, approximately 80 on-site parking spaces and 6 auto charging stations. The property supports full-service restaurant operations with on-site beer brewing capabilities. An adjacent 3-family investment property at 359 Salmon Brook Street is also available separately or as part of the package.
- Current and Prior Use
- Currently operated as Cambridge House Brew Pub, a full-service restaurant with on-site beer brewing capabilities. The commercial property has been used for restaurant and hospitality operations. The adjacent property at 359 Salmon Brook Street is a legal 3-family residence used as an income-producing rental property and has also provided housing for the restaurant’s chef. Properties may be purchased together or separately.
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Negotiable
Listing Info
- ID:
- 2554505
- Listing Views:
- 12
Attached DocumentsAttachment Disclaimer
Listing ID: 2554505 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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