See Home Value
New Haven
199 PARK Road Extension
$255,966*
Commercial - Off Market

199 PARK Road Extension

Middlebury, CT 06762
bedrooms
Studio
bathrooms
0 Bath
square feet
2300 Sqft
$158,000 - $192,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

DRASTICALLY REDUCED FOR IMMEDIATE SALE! DON'T MISS THIS ONCE IN A LIFETIME OPPORTUNITY TO OWN THIS GORGEOUS, LONG TIME ESTABLISHED 'TURN KEY' RESTAURANT! ABSOLUTELY GORGEOUS 2300 SQ FT FINE DINING FACILITY SEATS 90 WITH BEAUTIFUL BAR (SEATS 25) AND 2 DINING ROOMS.  1/2 MILLION DOLLAR BUILD-OUT DONE FOR RESTAURANT!  PLENTY OF PARKING AND SEASONAL PATIO DINING.  ALL THE EQUIPMENT IS IN 'LIKE NEW' CONDITION. OWNER HAS BEEN IN BUSINESS FOR 30+ YEARS (9 AT CURRENT LOCATION) & WOULD LIKE TO RETIRE. THE LEASE IS CURRENTLY $4500 & OWNER SPECIFIC, BUT LANDLORD MAY BE WILLING TO WORK WITH NEW TENANT.  CURRENT EMPLOYEES ARE LOYAL AND RUN RESTAURANT IN OWNERS ABSENCE. CALL TODAY FOR YOUR PRIVATE SHOWING!

The manager has listed the unit size as 2300 square feet.
Unit Size
2,300Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$76
Property Type
Commercial
Property Taxes
$2,280
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Dec 3, 2019 No longer available -
No longer available
Aug 25, 2019 Price Decreased $175,000
↓ $25K (12.5%)
Price Decreased
Apr 13, 2019 Price Decreased $199,900
↓ $50K (20%)
Price Decreased
Jan 29, 2019 Price Decreased $250,000
↓ $25K (9.1%)
Price Decreased
Jan 11, 2019 Price Decreased $275,000
↓ $25K (8.3%)
Price Decreased
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
960 ft²
$179/ft²
$172,000 Jan 22, 2024
$172,000 Mar 5, 2024
$484/mo
Land
Loft
-
-
$150,000 Apr 5, 2023
-
$268/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181031
10/31/2018
Studio
-
2300 ft²
$299,900
bedrooms
Studio
bathrooms
-
square feet
2300 ft²
-
-
-
-

Building Info

199 Park Road 199 Park Road, Middlebury, CT 06762
More about this Building
199 Park Road
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About New Haven


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