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Restaurant and Bar with Patio

11 East Pattagansett, East Lyme, CT 06333

For Sale
$1,525,000

A complete food-service setup includes a commercial kitchen, indoor dining, outdoor seating, and on-site parking.

Property Size1,800 SF
Lot Size0.27 Acres
Price / SF$847.22
Days on Market90

Property Features for 11 East Pattagansett

General Information

Standard status Active
Size 1,800 SF
Lot size 0.27 Acres
Property subtype Commercial
Zoning CB

Restaurant

Commercial Hood Yes
Patio Yes
Equipment Included Yes

Additional Details

Business Included Yes

Building Details

Year Built 1960
Buildings 1
Stories 1
Listing Agency: Berkshire Hathaway NE Prop.
Listed By: Kyle Schrader · License #RES.0808754
Source: Ybrealty
Added: Aug 11 Changed: Nov 7 Last Checked: Nov 7 at 6:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway NE Prop.

Rey
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Investment Insights

Based on property information with market context.

The offering combines a restaurant and bar business with its real estate in a 1,800-square-foot, single-story building on a 0.27-acre parcel. The property dates to 1960 and is zoned CB (Central Business). Interior features include a commercial kitchen with a hood system, walk-in refrigeration, stainless-steel preparation and storage areas, a custom bar, and a dining room. An outdoor patio and on-site parking lot are also included.

At 11 East Pattagansett in East Lyme, the property is in downtown Niantic, within walking distance of shops, the beach, and village amenities. The corner site is in a central business district setting.

The restaurant and bar business is included with the real estate. Catering operations and repeat clientele are part of the existing business offering.

Key Highlights

  • 1,800 SF single‑story building on a 0.27‑acre lot
  • CB (Central Business) zoning
  • Commercial kitchen with hood system and walk‑in refrigeration

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Auto Repair Shop Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06333, CT

7,289
Population
2,894
Households
2.5
Avg Household Size
44
Median Age
59%
College-Educated
98%
High-School Grad
23.4 sq mi
ZIP Area
311
Density / Sq Mi
$131,628
Median Household Income
$70,095
Median Earnings
$1,722
Median Rent
$432,600
Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in New London County, CT

$228 Jul
$281 Aug
$270 Sep
$294 Oct

Properties on Market for Conventional restaurants in New London County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A complete food-service setup includes a commercial kitchen, indoor dining, outdoor seating, and on-site parking.
Where is this conventional restaurant located?
The property is located at 11 East Pattagansett East Lyme, CT.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 1,800 SF single‑story building on a 0.27‑acre lot; CB (Central Business) zoning; Commercial kitchen with hood system and walk‑in refrigeration
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