Torrington, CT - The Venetian Restaurant

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.