Your AI Navigator in Commercial Real Estate
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

    171 Main St Niantic, CT 06357

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,250,000

    Rare Main Street property with water views and on-site parking.

    Property size:
    2,794 SF
    Lot size:
    0.22 Acres

    Property Features for 171 Main St

    General Information

    Size
    2,794 SF
    Lot size
    0.22 Acres

    Source: Coldwell Banker Realty - East Lyme/Mystic Agent Anne Thurlow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Niantic Village Mixed-Use Opportunity

    This property, located in the heart of Niantic Village on Main Street, offers panoramic water views and on-site parking. The building, nearly 3000 square feet, currently operates as a retail store with an attached apartment. It can be transformed into a single large retail space, professional office, restaurant, or single-family home. There is also the option to build additional floors and maintain a mixed-use approach. The property includes 7 parking spaces in front of the store, with room for several more in the back. This is a rare opportunity to be part of the recent revitalization of Main Street.
    Insight Report Location Intelligence

    Current Use by Public Records

    Stewart's Music LLC Music School Jesse's Music Workshop Music Instructor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Niantic
    County
    New London
    State
    Connecticut
    Longitude
    -72.189407
    Latitude
    41.324254

    Nearby Similar for Sale

    • $99,900
      2,000 SF

      East Lyme Restaurant Business Opportunity

      Established breakfast and lunch restaurant in high-traffic shoreline location.
      28 Pennsylvania Ave, Niantic, CT 06357
      View Details
    • $3,895,000

      Multi-Family Property Near Beach Community

      Multi-family property in a sought-after beach community with 11 units.
      68-70 Black Point Rd, Niantic, CT 06357
      View Details
    • Contact for pricing
      3,000 SF

      Niantic Retail Opportunity For Sale

      Retail property with double drive-thru and abundant parking.
      43 Pennsylvania Ave, Niantic, CT 06357
      View Details
    • $475,000

      East Lyme Specialty Property

      Specialty property available for sale in East Lyme, CT.
      9 Sleepy Hollow Rd, Niantic, CT 06357
      View Details
    • $595,000

      East Lyme Specialty Property

      Specialty property available for sale in East Lyme, CT.
      10 S Ledge Rock Rd, Niantic, CT 06357
      View Details
    • $649,000

      East Lyme Specialty Property

      Specialty property available for sale in East Lyme, Connecticut.
      11 Sunset Ave, Niantic, CT 06357
      View Details

    FAQs

    What type of property is this?
    Retail space - Rare Main Street property with water views and on-site parking.
    Where is this retail space located?
    The property is located at 171 Main St Niantic, CT.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Panoramic water views; - On-site parking with 7 spaces in front and room for more in back; - Prime Main Street location in Niantic Village
    (860) 460-2740
    Request Owner's contact information
    171 Main St Niantic, CT 06357
    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.
    171 Main St
    Niantic, CT 06357
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    171 Main St Niantic, CT 06357
    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
    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.