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Torrington, CT - The Venetian Restaurant

50 East Main Street - Torrington, Connecticut

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Why Buy This Property

The Venetian is a 50 Year Profitable Landmark Restaurant located downtown in the heart of Litchfield County.

Description

The building features a neo-classical masonry facade, vintage Italian decor with a grand mural, and the main dining room, plus 2 banquet rooms for parties and an overflow side room. The ceiling is decorative stamped metal panels.  You will feel like you are in Venice. The building has access to a huge private parking area plus on-street parking in front & rear. 

  • 3,505 sq. ft.
  • Area - 0.21 acres
  • 2 Stories
  • 4 Restrooms
  • Construction - Frame and masonry
  • All equipment, fixtures, and furniture is available to the purchaser and is in good condition
  • Kitchen with fire suppression system
  • HVAC - Heat fueled by natural gas and central air conditioning
  • Utilities - Electric, telephone, cable, public water, public sewer connected 
  • Access to Parking Lot
  • Zoning - DD
  • Year Built - 1844
  • County - Litchfield
  • Real Estate Taxes - $12,480

This restaurant has set the standard in authentic Italian Cuisine including full liquor service from its antique service bar.  The Venitian is known for its quality, consistency, and longevity in the community. There is an opportunity to grow this business for the next 100 years. The owners seek to find a new operator who will carry on the legacy with their own vision and style or chose to keep the homemade traditions that have been successful for the past five decades!

This restaurant triumphed over the pandemic, first by transitioning to a take-out menu and later obtaining a permit and installing a tent in the parking lot.  Now it has expanded its hours again to serve both lunch and dinner.

The seller will consider a flexible long-term lease with the option to buy with a downpayment of $100,000 and a $3,900/month base rent or an outright sale for $549,000.

Seller financing is available to a financially strong purchaser with a 50% downpayment.

 

 

Property Location

List Price

$549,000

Open House Dates

Contact Jennifer Swerdlick (860) 280-8610.  The property is available for inspection by appointment only.  Registration and government-issued identification required at each property viewing.

Please do not contact the Seller or enter the property at other times without permission.

Contact Us

  Fine & Company LLC
  Jennifer Swerdlick
  860-282-8733
  swerdlick@sbcglobal.net

Other Information

Licensing : Fine & Company LLC Licensed Connecticut Real Estate Broker

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

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