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    70 Hemingway St New Haven, CT 06513

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    For Sale
    $115,000

    Fully equipped restaurant and bar near the beach for sale.

    Lot size:
    0.17 Acres

    Property Features for 70 Hemingway St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    2000

    Source: Kelsey & Co. Real Estate Agent Kristy L. Agli

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

    Overview

    Turn-Key Restaurant/Bar Near Beach

    A well-established bar and restaurant is available for purchase in a prime location near the beach. Situated on a high-traffic main road, the property offers seating for 45 guests in the dining area and a full bar with seating for over 20 patrons. The bar area is equipped with two televisions, and the dining room has one television. A private rear parking lot provides space for more than 15 vehicles. The sale includes all fixtures and equipment, presenting a turn-key opportunity for prospective owners. A fully equipped basement offers ideal space for storage, prep work, or additional operations. This location is suitable for entrepreneurs or experienced operators seeking a successful establishment with growth potential.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Skin Care Clinic

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

    Similar Places Nearby

    La Molienda Cafe

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8765506
    Latitude
    41.3141052

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    FAQs

    What type of property is this?
    Bar - Fully equipped restaurant and bar near the beach for sale.
    Where is this bar located?
    The property is located at 70 Hemingway St New Haven, CT.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Prime location near the beach on a high-traffic main road.; - Turn-key opportunity: sale includes all fixtures and equipment.; - Fully equipped bar and restaurant with seating for 45 guests in the dining area and 20+ at the bar.
    (203) 671-1625
    Request Owner's contact information
    70 Hemingway St New Haven, CT 06513
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    New Haven, CT 06513
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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
    70 Hemingway St New Haven, CT 06513
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