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    142 Hanover St Meriden, CT 06451

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    For Sale
    $399,900

    Successful neighborhood tavern and bar with outdoor seating for sale.

    Property size:
    2,800 SF
    Lot size:
    0.33 Acres

    Property Features for 142 Hanover St

    General Information

    Size
    2,800 SF
    Lot size
    0.33 Acres

    Source: BHHS - New England Properties | Wallingford Agent Richard Tabor

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

    Overview

    Established Tavern and Bar Opportunity

    The property at 142 Hanover Street, Meriden, CT, presents an opportunity to acquire a successful neighborhood tavern and bar. Known as AJ's OASIS, the sale includes the restaurant space and a patio with outdoor seating. A shed and a 1,120 square foot cooler warehouse are also included. The property features a newly paved parking lot. The total property size is 2,800 square feet. The lease includes plowing of the parking lot and maintenance of the building's exterior.
    Insight Report Location Intelligence

    Current Use by Public Records

    AJ's Oasis Cafe American Restaurant

    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

    Louie's DJ Services, Bravos Mexican Grills, Herbalife Connecticut Nutrition, Diablos Conn., Banana Brazil

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8072815
    Latitude
    41.5356692

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    FAQs

    What type of property is this?
    Bar - Successful neighborhood tavern and bar with outdoor seating for sale.
    Where is this bar located?
    The property is located at 142 Hanover St Meriden, CT.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Highly successful, popular neighborhood tavern and bar.; - Reasonable lease terms.; - Restaurant space, patio with outdoor seating, shed, and **1,120 sq ft cooler warehouse included**.
    (917) 952-4910
    Request Owner's contact information
    142 Hanover St Meriden, CT 06451
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    Meriden, CT 06451
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    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
    142 Hanover St Meriden, CT 06451
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