305 N Frontage Road

new london, CT 06320

$1,300,000

  • sold

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Former Outback Steak House currently being run as an underperforming multi food concept. Potential buyer may easily take advantage of a professionally designed inside and out pristine restaurant. Shared universal parking for 200 with a 136 room Clarion Hotel. Rent $10,000. mo. NNN restaurant property tax $36,000. annually. Real estate for sale $1,300,000. With owner financing available located on Frontage Rd with all national and regional chains.

Facilities: Building 6,244 sq ft freestanding on 7.52 acres, city water and sewers, Natural Gas, 1,000 gallon grease trap in ground, Marquee seen on Highway sign and on building, 2 ADA compliant bathrooms. Seating: 20 bar, 36 lounge, 70 dining, 66 dining, outside dining front porches 32, other outside 66. Two hoods: 24 ft and 10 ft, ceiling height 11.5 ft, fully sprinklered, $70,000 sound system.

available on

6/6/2023

Details

6,254 Sq Ft

Commercial

$3,000 Annual Tax

Built in 2003

MLS/Listing ID 170575344

SMART

Source of Data: SMART MLS

Interested in 305 N Frontage Road?