81 North Main St. Street

East Hampton, CT 06424 Directions
$650,000 Sold on 09/17/2020 Sold on 09/17/2020
  • 11,288Sqft
  • 1.21Acres
  • 1920Built
  • $66Price/Sqft

Property Highlights

  • Days on Market: 420
  • MLS: 170218212
  • Listing Closed

Property Highlights

  • Days on Market: 420
  • MLS: 170218212
  • Listing Closed

Substantial Reduction in Price to $750, 000 from $1, 095, 000 *The owners request No Contingencies & Sold As Is . There is an Option to purchase next door house (83 N Main St) for $250, 000 that can be rented out as a home and also rented out to 81 N Main Restaurant for use of land to extend beer garden. This is a stunning investment waterfront property on popular Pocotopaug Lake which includes all existing restaurant business assets. The adjacent houses are optional to reopen operations of the restaurant for parking and additional area for the Tiki Beer Garden. Potentail gross income for the house rent is $3, 100 per month (as the property...

Property Highlights

  • Days on Market: 420
  • MLS: 170218212
  • Listing Closed

Substantial Reduction in Price to $750, 000 from $1, 095, 000 *The owners request No Contingencies & Sold As Is . There is an Option to purchase next door house (83 N Main St) for $250, 000 that can be rented out as a home and also rented out to 81 N Main Restaurant for use of land to extend beer garden. This is a stunning investment waterfront property on popular Pocotopaug Lake which includes all existing restaurant business assets. The adjacent houses are optional to reopen operations of the restaurant for parking and additional area for the Tiki Beer Garden. Potentail gross income for the house rent is $3, 100 per month (as the property owners have collected over the years). 77 N Main St. Property is to the right of 81 N and was formerly utilized for use of the extension of the beer garden. The real estate LLC formerly charged the restaurant $1, 000 a month to lease. 83 N Main St is the house to the left 2 doors down. This property was formerly utilized for the Extra Parking Lot when the Restaurant had Huge Bands and Events. The restaurant formerly paid $1, 000 to the real estate llc to rent the lot. There is plenty of parking in the Main Lot to support the restaurant customers.

Substantial Reduction in Price to $750, 000 from $1, 095, 000 *The owners request No Contingencies & Sold As Is . There is an Option to purchase next door house (83 N Main St) for $250, 000 that can be rented out as a home and also rented out to 81 N Main Restaurant for use of land to extend beer garden. This is a stunning investment waterfront property on popular Pocotopaug Lake which includes all existing restaurant business assets. The adjacent houses are optional to reopen operations of the restaurant for parking and additional area for the Tiki Beer Garden. Potentail gross income for the house rent is $3, 100 per month (as the property owners have collected over the years). 77 N Main St. Property is to the right of 81 N and was formerly utilized for use of the extension of the beer garden. The real estate LLC formerly charged the restaurant $1, 000 a month to lease. 83 N Main St is the house to the left 2 doors down. This property was formerly utilized for the Extra Parking Lot when the Restaurant had Huge Bands and Events. The restaurant formerly paid $1, 000 to the real estate llc to rent the lot. There is plenty of parking in the Main Lot to support the restaurant customers.

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  • Additional Information
    • Area Type: Park
    • Days On Market: 376
    • Living Area SqFt: 11,288
    • Present Use: restaurant/bar/banquet/closed
    • Road Frontage Description: Paved Road
    • Sewer: Public Sewer Connected
    • Status: Closed
    • Tax Amount: $19,665
    • Tax Year: July 2020-June 2021
    • Type: Commercial For Sale
    • Utilities Available: Electric, Gas, Telephone, Fire Suppression System
    • Year Built: 1920
  • Interior/Exterior Features
    • Air Conditioning: Central Air
    • Cooling: Central Air
    • Flooring: Ceramic Tile, Wall-to-Wall Carpet
    • Heat: Hot Air
    • Living SqFt Source: Public Records

Listing Courtesy of Michael A. Fine.

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