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359 Boston Post Rd 7,372 SF Retail Building Westbrook, CT 06498 $1,045,544 CAD ($141.83 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • This offering includes a prime shoreline restaurant site with an additional vacant lot.
  • The property benefits from heavy summertime traffic counts.
  • Multi-family or condo approval is possible for the lot.

EXECUTIVE SUMMARY

Coldwell Banker Commercial Realty presents for sale 359 Boston Post Road, Westbrook, CT. This investment & development opportunity consists of a well-known restaurant, with additional acreage available for multi-family or retail development. Located on 1.89 acres with spectacular views overlooking the Long Island Sound inlet and marsh. The current space could be modified to accommodate many different retail uses.

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,372 SF
Building Class
C
Year Built
1959
Price
$1,045,544 CAD
Price Per SF
$141.83 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.89 AC
Zoning
CB - Central Business
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
192’ on Boston Post Rd

AMENITIES

  • Pylon Sign
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WBRO-000188-000000-000017
Land Assessment
$422,965 CAD
Improvements Assessment
$501,142 CAD
Total Assessment
$924,107 CAD
  • Listing ID: 29411312

  • Date on Market: 2019-02-14

  • Last Updated:

  • Address: 359 Boston Post Rd, Westbrook, CT 06498

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