605 Wolcott Rd - Specialty FOR SALE


Wolcott, CT 06716
$649,500 USD
860-604-1655
605 Wolcott Rd, Wolcott, CT for Sale
$649,500 USD
Specialty - FOR SALE
1/48
null | 14% Cap Rate

605 Wolcott Rd
Wolcott, CT 06716


HIGHLIGHTS

  • Net-Lease Conversion / Owner-User Investment Opportunity. Stabilized NOI reflects normalized owner/operator structure and market.
  • Opportunity to: Increase catering, Expand hours, Liquor license available, etc...

OVERVIEW

Mad River Creamery & Deli presents a unique opportunity to acquire a cash-flowing restaurant property with real estate ownership in Wolcott, Connecticut. This established, high-visibility location generates approximately $875,000+ in annual revenue and operates as a well-known local destination with diversified income streams including deli, sandwiches, ice cream, and beverages. The real estate is offered at $649,500 and is supported by an estimated NOI of $90,930, reflecting a ~14% cap rate, making this an attractive high-yield investment opportunity. The property is fully built out with a commercial kitchen, walk-in refrigeration, hood system, and indoor/outdoor seating, allowing for immediate continued operation. The business is available separately or as part of a combined acquisition, providing flexibility for both investors and owner-operators. The asset benefits from multiple revenue channels including dine-in, takeout, online ordering, and phone orders, supporting consistent sales performance. Significant upside exists through operational efficiencies, expanded catering and delivery, extended hours, and the potential addition of a liquor license. A hands-on operator or experienced investor can further increase profitability and overall return. This offering is ideal for investors seeking strong in-place yield as well as buyers looking for a turnkey restaurant with real estate ownership and long-term upside potential.

FOR SALE DETAILS

PRICE

$649,500 USD

PRICE/SF

$208 USD /SF

CAP RATE

14%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wolcott Restaurant & Real Estate Investment |

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

GC

APN/PARCEL ID

WOLC-000114-000002-000135A

ASK ABOUT THIS PROPERTY

Rick ZiffAgnelli Real Estate, Commercial DivisionMore Info
860-604-1655

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Rick ZiffAgnelli Real Estate, Commercial DivisionMore Info
860-604-1655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.