- Property Type Retail : Food Service
- Lot Size Acres 0.770
- Building Sq Ft 5,249
- Building Price per Sq Ft $24.58
- Land Sq Ft 33,541
- Land Price per Sq Ft $3.85
Description
-Highly rated and well-known restaurant on the Connecticut shoreline -Includes rental income of three apartments located above restaurant -Annual cash flow of approximately $100,000 -Come with all fixtures and equipment -Revenue from dinner only, 6 days a week -2 Dining Rooms with Center Bar -Complete, luxurious new build out in 2016 -Lease till 2025 -Rent $5,205 per month -Public Water & Septic -Off I-95 and next to national retailers -Located on Route 1 in downtown Clinton, CT -Traffic Count: 15,000 -Lease and financials on file
Listing Demographics
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| 1-Mile | 3-Miles | 5-Miles | ||
|---|---|---|---|---|
| Total Population | 3,642 | 19,950 | 36,736 | |
| Population Median Age | 48 | 48 | 48 | |
| Population by Age | 0-9 Yrs | 233 (6%) | 1274 (6%) | 2151 (5%) |
| 10-19 Yrs | 299 (8%) | 1739 (8%) | 3716 (10%) | |
| 20-29 Yrs | 284 (7%) | 1581 (7%) | 2868 (7%) | |
| 30-39 Yrs | 506 (13%) | 2287 (11%) | 3697 (10%) | |
| 40-49 Yrs | 486 (13%) | 2270 (11%) | 4025 (10%) | |
| 50-59 Yrs | 500 (13%) | 3443 (17%) | 7024 (19%) | |
| 60-69 Yrs | 645 (17%) | 3696 (18%) | 6498 (17%) | |
| 70+ Yrs | 687 (18%) | 3660 (18%) | 6757 (18%) | |
| Median HH Income | $69,922 | $78,869 | $84,652 | |
| Total Household Income | < 24K | 261 (15%) | 1452 (15%) | 2573 (15%) |
| 25-49K | 437 (25%) | 1712 (18%) | 2852 (17%) | |
| 50-74K | 205 (11%) | 1179 (12%) | 1905 (11%) | |
| 75-99K | 234 (13%) | 1306 (14%) | 2124 (13%) | |
| 100-199K | 436 (25%) | 2132 (23%) | 4056 (24%) | |
| 200K+ | 150 (8%) | 1310 (14%) | 2791 (17%) | |
| Highest Education Level | No Diploma | 141 | 900 | 1644 |
| Diploma or GED | 869 | 3482 | 5821 | |
| Some College | 483 | 2926 | 5072 | |
| Assoc. Degree | 376 | 1805 | 2963 | |
| Bachelors Degree | 660 | 4081 | 7621 | |
| Higher Degree | 426 | 2878 | 6146 | |
| Total Housing Units | 2,232 | 13,452 | 23,846 | |
| --Owner-Occupied | 1,246 | 7,133 | 12,912 | |
| --Renter-Occupied | 478 | 1,957 | 3,389 | |
| Owner-Occupied Values | < 100K | 78 | 370 | 602 |
| 100-199K | 199 | 864 | 1244 | |
| 200-299K | 435 | 1999 | 2863 | |
| 300-399K | 246 | 1481 | 3097 | |
| 400-499K | 58 | 720 | 1692 | |
| 500K+ | 230 | 1699 | 3415 | |
| Total Working Age Population | 3,265 | 17,559 | 32,372 | |
| In Work Force | 2,003 | 11,117 | 20,578 | |
| Not In Work Force | 1,262 | 6,442 | 11,794 | |
| Workforce Employed | 1,917 | 10,565 | 19,517 | |
| Workforce Unemployed | 62 | 488 | 974 | |
| Civlian Workforce | 1,979 | 11,053 | 20,491 | |
| Military Workforce | 24 | 64 | 88 | |
| Total Households | 1,724 | 9,090 | 16,301 | |
| Family Households | 1,026 | 5,878 | 10,731 | |
| Non-Family Households | 698 | 3,212 | 5,569 | |
| Married Couple | 766 | 4,842 | 9,078 | |
| Other Family | 260 | 1,036 | 1,653 | |
| Married w/Child | 197 | 1,206 | 2,493 | |
| Single Male w/Child | 10 | 114 | 186 | |
| Single Female w/Child | 48 | 234 | 327 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Connecticut | 3,405,565 | +5 | 3,574,097 | +1 | 3,604,603 | +1 | 3,633,994 |
| Middlesex County | 155,071 | +7 | 165,676 | +1 | 167,213 | 0 | 166,533 |
| New Haven County | 824,008 | +5 | 862,477 | +1 | 873,659 | +2 | 891,371 |
| New London County | 259,088 | +6 | 274,055 | +2 | 278,756 | +1 | 280,847 |
| New York | 18,976,457 | +2 | 19,378,102 | +4 | 20,146,131 | +2 | 20,604,030 |
| Suffolk County | 1,419,369 | +5 | 1,493,350 | 0 | 1,497,391 | -1 | 1,488,885 |
No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
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