1514 Whalley Avenue, New Haven (Westville), CT, 06515 | $1,400,000

Charming Turnkey Restaurant & Property for Sale in Sought-After Westville, New Haven Seize the opportunity to own this 2, 700 SF restaurant property in the desirable Westville area of New Haven, perfectly positioned near the Merritt Parkway. This prime location offers effortless access to nearby towns, including Woodbridge, Bethany, Prospect, and more, making it an ideal destination for diners across the region. Property Highlights: Convenient Access: Situated near major highways and surrounded by vibrant communities, this location ensures a steady flow of patrons. Ample Parking: On-site parking makes visiting easy and stress-free for guests. Indoor & Outdoor Seating: A stunning, brand-new lighted patio comfortably seats 60+ guests, offering an elegant outdoor dining experience. Inside, a quaint and inviting dining area creates the perfect ambiance for year-round enjoyment. Fully Equipped Kitchen: Move-in ready with a spacious prep area, walk-in cooler, and meticulously maintained appliances. For 16 successful years, this restaurant has been a beloved neighborhood favorite with a loyal customer base. This casual dining experience is complemented by a beer and wine liquor license as well. Why This Property Stands Out: Turnkey Opportunity: No renovations required-step in and start operating immediately. All furniture, fixtures, and equipment are included. Eco-Friendly Advantage: Solar panels reduce electricity costs, offering an environmentally friendly and cost-saving benefit. Real Estate Included: This rare opportunity includes ownership of the property itself, making it a sound and long-term investment. Ready to Thrive This restaurant is primed for success, allowing the next owner to "hit the ground running" and start generating income from day one. Don't miss this once-in-a-lifetime opportunity to own a successful, fully equipped restaurant in a thriving location. Schedule a tour today and imagine the possibilities! "google the name WESTVILLE SEAFOOD NEW HAVEN and you will see for yourself how thriving is this business"

Features

  • Town: New Haven
  • Current Use: 100
  • Utilities: Electric,Gas,Telephone,Cable
  • Heating: Hot Air
  • Cooling: Ceiling Fans,Central Air
  • Frontage: Interstate Highway,U.S. Highway,State Road
  • Year Built: 1960
  • Approx Sq. Feet: 2,378
  • MLS#: 24065425
  • Website: https://www.raveis.com
    /prop/24065425/1514whalleyavenue_newhaven_ct?source=qrflyer
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Listing courtesy of First Choice Real Estate LLC

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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203.925.4590

For homebuyers and sellers, our Attorney Network:

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    requirements, sets up escrows and title insurance, coordinates closing documents
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1514 Whalley Avenue, New Haven (Westville), CT, 06515

$1,400,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,120,000 $1,120,000 $1,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.550% 6.346% 5.907%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,272 $6,896 $9,301
Total Monthly Payment $6,397 $7,021 $9,426

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.