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    364 Coram Ave Shelton, CT 06484

    For Sale
    $849,000

    Two-story building featuring a bar and two apartments.

    Lot size:
    0.19 Acres

    Property Features for 364 Coram Ave

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1925

    Source: Carey & Guarrera Real Estate Agent Keenan Carey

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

    Overview

    Mixed-Use Building with Investment Potential

    The property at 364 Coram Avenue is a 6,288 sq. ft. two-story building with investment potential. The first floor features an established tavern/bar, while the upper level offers two apartments, each with two bedrooms and one bathroom. The property includes an attached 2-car garage and a large storage area. Zoned CB-2, the property is centrally located on a 0.19-acre lot with 100 ft. of frontage, and is 0.8 miles from the Derby-Shelton train station. Renovated in 2020, this property is suitable for owner-occupants or investors. Ample municipal parking is available directly across the street. The property is located steps from local shops in a revitalized downtown district.
    Insight Report 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 Gym & Fitness

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

    Similar Places Nearby

    Steady Habits Tasting Lounge, Double J's, Lost & Found, JC's Sports Bar & Grill, Bar 140

    Location Insight

    • Map
    • Local Demand
    City
    Shelton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.081658
    Latitude
    41.287075

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    FAQs

    What type of property is this?
    Bar - Two-story building featuring a bar and two apartments.
    Where is this bar located?
    The property is located at 364 Coram Ave Shelton, CT.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Income-generating property featuring an established tavern/bar on the first floor and two 2-bed, 1-bath apartments above.; - Zoned CB-2, offering versatile usage options in a revitalized downtown district.; - Centrally located with 100 ft. of frontage, steps from local shops and near the Derby-Shelton train station.
    (203) 925-0058
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    364 Coram Ave Shelton, CT 06484
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    Shelton, CT 06484
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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
    364 Coram Ave Shelton, CT 06484
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