Tolland CT Commercial for Sale

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Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
24020529
Subdivision:
N/A

ADDITIONAL INFORMATION

Step into ownership of one of New England's hottest spots for adult entertainment. This upscale cabaret offers a prime opportunity for savvy investors, featuring a fully equipped kitchen with a full menu of quality food, top-shelf liquor, a wide array of draft beer and cocktails, and a host of exceptional amenities. The cabaret boasts dancers, stage performances, VIP rooms, a professional DJ, and attentive waitresses, ensuring an unforgettable experience for patrons. Known as Connecticut's best, this establishment enjoys a great location directly off I-84 in Tolland, with easy access via an ongoing and exit ramp. The property includes plenty of parking and is connected to public water and sewer systems. The cabaret spans over 2,500 square feet and has undergone many updates, including a high-end sound system, new flooring, updated plumbing and electrical systems, and recent renovations. With no other adult clubs in the area, this business stands out as a unique and highly profitable venture, offering instant positive cash flow. In addition to the cabaret, the plaza and land are also available for sale separately or as part of a combined deal. Located close to UCONN, the area attracts a steady stream of visitors and locals alike, further enhancing the business's profitability and potential for growth. Don't miss this rare opportunity to own a top-tier adult entertainment venue in a prime location with high profitabilitability and recent updates.

Type:
General Commercial
Sq.Ft.:
33,778
Status:
Active
Beds:
n/a
Lot size:
15.32 Acres
Year built:
1987
Baths:
MLS#:
170532046
Subdivision:
N/A

ADDITIONAL INFORMATION

Class B Office Space located on Rte 195 in Tolland, 1 mile from I-84 and 5.5 miles from UConn Storrs. Building houses the research and advisory firm Nerac and is located in the Technology Campus Zone. Multi-purpose office space also supports several startup companies within a Venture Incubator capitalizing on the proximity to the UConn Storrs campus and the growing emphasis on the successful commercialization of new innovations and emerging technologies coming from university research and student focused entrepreneurial programming. The property can used used for the following designations either through a Permitted Site Plan or a Special Permit: Retail, Personal, & Professional Service, Hospitality, Commercial Office, Commecial Laboratory & R&D, Residential & Mixed Use Development, Institutional, Public & Recreational, Agriculture & Natural Resources.

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Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , [email protected], 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


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Tolland Real Estate

The median home value in Tolland, CT is $416,500. This is higher than the county median home value of $312,300. The national median home value is $338,100. The average price of homes sold in Tolland, CT is $416,500. Approximately 87.08% of Tolland homes are owned, compared to 11.39% rented, while 1.53% are vacant. Tolland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tolland real estate agent to arrange a tour today!

Tolland, Connecticut has a population of 14,546. Tolland is more family-centric than the surrounding county with 35.58% of the households containing married families with children. The county average for households married with children is 30.12%.

The median household income in Tolland, Connecticut is $121,120. The median household income for the surrounding county is $88,525 compared to the national median of $69,021. The median age of people living in Tolland is 41.5 years.

Tolland Weather

The average high temperature in July is 80.3 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 49.4 inches per year, with 45.3 inches of snow per year.

Tolland Real Estate Market Conditions

  • Median sales price

    $416,500
    14.1% change since last quarter
  • # Active listings

    41
    30-day change

Tolland Schools and Demographics

Education near Tolland, CT

Metric City County
High School Graduates 97.96 94.82
College Degree - 2 year 7.4 9.31
College Degree - 4 year 53.43 42.82
Graduate Degree 18.86 14.2
Expenditures per Student 23,772 23,772
Students per Teacher 11.7 11.7

Elementary Schools near Tolland, CT

School Grades Students P/T Ratio ZIP
Birch Grove Primary School PK - 02 560 13 06084
Center Road School PK - 05 494 13 06066
Center School PK - 04 376 13.7 06029
Center School PK - 04 229 11.4 06279
Coventry Early Childhood Center PK - PK 27 7.9 06238
Coventry Grammar School KG - 02 363 12.9 06238
Crystal Lake School KG - 04 198 15.1 06029
George Hersey Robertson School 03 - 05 368 13.1 06238
Lake Street School PK - 05 238 12.4 06066
Maple Street School PK - 05 317 13.2 06066
Northeast School PK - 05 319 12.7 06066
Skinner Road School PK - 05 346 12.8 06066
Tolland Intermediate School 03 - 05 577 13.4 06084
Windermere School KG - 04 439 16.3 06029

Middle Schools near Tolland, CT

School Grades Students P/T Ratio ZIP
Captain Nathan HALE School 06 - 08 385 10.5 06238
Ellington Middle School 07 - 08 434 12.9 06029
Hall Memorial School 05 - 08 200 8.9 06279
Tolland Middle School 06 - 08 679 14 06084
Vernon Center Middle School 06 - 08 652 9.5 06066
Windermere Intermediate School 05 - 06 435 16.6 06029

High Schools near Tolland, CT

School Grades Students P/T Ratio ZIP
Coventry High School 09 - 12 490 10.7 06238
Ellington High School 09 - 12 773 12.2 06029
Rockville High School 09 - 12 872 9.7 06066
Tolland High School 09 - 12 828 13.7 06084

Ungraded Schools near Tolland, CT

School Grades Students P/T Ratio ZIP
* Coventry Academy 11 - 12 10 5 06238
* Talc 11 - 12 13 06111

Demographics near Tolland, CT

Metric City County
Neighborhood Type Suburban
Population 14,546 150,120
Population Density 367 366
Median Age 41.5 37.5
People per Household 2.7 2.4
Median Household Income 121,120 88,525
Average Income per Capita 58,154 42,942