Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    370 East Main St Ansonia, CT 06401

    Sponsored
    For Sale
    $1,175,000

    Commercial For Sale - Ansonia, CT

    Property size:
    9,480 SF
    Lot size:
    0.28 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 26 at 8:06 pm

    Property Features for 370 East Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    HI
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    1047189
    Interior features
    Hallways 36+ Inches Wide, Intercom, Public Restrooms, Security System, Window Display
    Exterior features
    Sidewalk, Gutters, Lighting
    Size
    9,480 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    2
    Flooring type
    Vinyl, Wood
    Roof type
    Composition, Membrane
    Architectural style
    Other

    We can help!

    Listing Contact
    Frank Delvecchio

    RE/MAX RIGHT CHOICE REAL ESTATE (TRUMBULL)(BRIDGEPORT) (203) 268-1118

    Listing agent Frank Delvecchio (203) 268-1118

    Listing date Jan 14, 2026

    MLS# 24126234 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Restaurant with Commercial Kitchen

    This turnkey restaurant opportunity features a full commercial kitchen, two bars, a private meeting room, and an office. The property has been recently remodeled and offers approximately 6000 square feet on the main level, complemented by a 2400 square foot second-story mezzanine. The space includes multiple bars, LED lighting, and new sound and video systems. All fixtures and equipment are included in the sale. Originally upgraded in 1990, the building underwent a major remodel in 2023. The property is zoned HI and presents potential for various business uses, including catering, weddings, a social club, or a brewery. Conversion to office space or apartments is also possible, as the building previously housed a salon school. The lot size is 0.28 acres. The property contains 9480 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Spot Bar & Grill A C E Cosmetology School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Guy Peter’s Ristorante, Empanadas

    Location Insight

    • Map
    • Local Demand
    City
    Ansonia
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0766564
    Latitude
    41.3418156

    Nearby Similar for Sale

    • $475,000
      3,100 SF

      Versatile Mixed-Use Building on Main

      3,100 SF mixed-use building suitable for retail or office.
      103 Main St, Ansonia, CT 06401
      View Details
    • $599,900

      Immaculate Ansonia Two-Family Investment

      Two-family property in Ansonia neighborhood with renovated units.
      10 Clarkson St, Ansonia, CT 06401
      View Details
    • $350,000

      Ansonia Landmark with Development Potential

      Landmark property in Ansonia with development and business opportunities.
      63 Pershing Dr, Ansonia, CT 06401
      View Details
    • $460,000

      Renovated Multifamily Property with Income

      Turn-key multifamily with modern updates and strong rental potential.
      42 Meadow St, Ansonia, CT 06401
      View Details
    • $306,000

      Charming Duplex with Finished Basement

      Half-duplex with updates, finished basement, and fenced backyard.
      107A Howard Ave, Ansonia, CT 06401
      View Details
    • $3,250,000

      Former Nursing Home on 4.68 Acres

      47,187 SF former nursing home with 52 units and 90 beds.
      126 Ford St, Ansonia, CT 06401
      View Details
    • $560,000

      Three-Family House in Historic District

      Three-family house in historic district, ideal for investment or residence.
      21 Elm St, Ansonia, CT 06401
      View Details
    • $600,000

      Ansonia Multifamily Property For Sale

      Multifamily property with potential for conversion to a three-unit.
      19 5Th St, Ansonia, CT 06401
      View Details
    • $15,950,000
      177,320 SF

      Anchored Shopping Center For Sale

      177,320 SF shopping center with redevelopment potential.
      409 Main St, Ansonia, CT 06401
      View Details
    • $75,000

      Ansonia Restaurant Business For Sale

      Fully equipped restaurant with seating and take-out potential.
      143 North Main St, Ansonia, CT 06401
      View Details
    • $449,000

      Duplex Near Shops and Restaurants

      Duplex with 3 beds, 1.5 baths, near amenities.
      106 Howard Ave, Ansonia, CT 06401
      View Details
    • $150,000

      Restaurant Opportunity on Main Street

      Fully operational Mexican restaurant with high visibility on Main Street.
      317 Main St, Ansonia, CT 06401
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant with full commercial kitchen, bars, and meeting room.
    Where is this restaurant located?
    The property is located at 370 East Main St Ansonia, CT.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: - Turn-key restaurant with full commercial kitchen and two bars; - Recently remodeled in 2023; - Large space: Approximately 6000 sq ft main area with a 2400 sq ft mezzanine
    (203) 268-1118
    Request Owner's contact information
    370 East Main St Ansonia, CT 06401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    370 East Main St
    Ansonia, CT 06401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    370 East Main St Ansonia, CT 06401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Frank Delvecchio
    (203) 268-1118
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.