$3,000,000
Riverside, CT 06878
MLS# 119569
Status: Closed
1138 sqft
1 / 10
Property Description
Introducing a once-in-a-lifetime opportunity! Nestled in the heart of Riverside, CT, seconds away from the Riverside Train Station, Ada's is the only retail commercial property south of the Post Rd. With a storied past dating back to 1900, this restored landmark building is a cherished gathering place for locals & visitors alike. Its walkable location benefits neighborhood patrons, while those needing the convenience of a quick car ride can find ample onsite & free street parking. Included in the offering are the rights to the 73-year-old tradename ''Ada's'', and a pre-existing, generational customer base. Also included is the fully built-out commercial kitchen. The sale encompasses Ada's & the adjacent 3,100 SF multi-family home with 2 residential apartments on a ½ acre lot.
Details
Maps
Location & Property Info
List Price/SqFt: 2855.89
Lease Price/Mo: 0
Zoning: R-12
Lease Price/SqFt: 0
Owner Financing: No
Section: Riverside
Sale: Yes
Lease: No
General Property Info
Acres +/-: 0.5
Building Name: Ada's
Present Zoning: Non-Conforming
Year Renovations: 2016
# Buildings: 2
Year Built: 1900
SqFt +/-: 1138
Tax & Misc Info
Assessment: 1470000
Mill Rate: 11.639
Taxes: 17109
Status Change Info
SP/ASMT: 2.04
Sold Price/SqFt: 2636.2
Under Contract Date: 2024-03-08
Sold Date: 2024-03-12
Sold Price: $3,000,000
Miscellaneous Info
# Parking: 9
Exterior
Wood Frame: 1
Heat System
Forced Air: 1
Heat System Age: Under 10 Years
Building Type
Retail Building: 1
See Remarks: 1
Heat Fuel
Natural Gas: 1
Present Use
Mixed: 1
Retail: 1
Documents
Brochure: 1
Improvements List: 1
Plot Plan: 1
Roof
Architectural Shngle: 1
Cooling System
Central Air: 1
Water Source
Public: 1
Sanitation Source
Town Sewer: 1
Gas Source
Public Utility: 1
Electric
Tenant Pays: 1
Lease Type
See Remarks: 1
Parking Description
Common: 1
Floor
Combination: 1
Improvements
Driveway: 1
Security System: 1
Under Ground Util: 1
Included
Building: 1
Equipment: 1
Location Property Info
Type: Mixed Use
Sold Price: $3,000,000
Street #: 112-114
Street Name: Riverside
Street Suffix: Avenue
State: CT
Zip Code: 06878
County: Fairfield
Property ID: 05-1565/S
Area: 1 - Riverside
OfficeContract Info
Status: Closed
List Date: 2023-12-08
Property Features
Building Type: Retail Building; See Remarks
Present Use: Mixed; Retail
Documents: Brochure; Improvements List; Plot Plan
Cooling System: Central Air
Heat System: Forced Air
Heat Fuel: Natural Gas
Water Source: Public
Sanitation Source: Town Sewer
Gas Source: Public Utility
Electric: Tenant Pays
Lease Type: See Remarks
Exterior: Wood Frame
Parking Description: Common
Roof: Architectural Shngle
Floor: Combination
Improvements: Driveway; Security System; Under Ground Util
Included: Building; Equipment
Listing Office: Sotheby's International Realty
Last Updated: September - 04 - 2024
Listing information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision. Greenwich Multiple Listing Service, Inc.