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

    1 Wall St Cromwell, CT 06416

    For Sale
    $489,500

    Family-owned tavern/sports bar with growth potential, renovated interior, and outdoor patio.

    Lot size:
    0.29 Acres

    Property Features for 1 Wall St

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    1850

    Source: Agnelli Real Estate Agent Richard D. Ziff

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

    Overview

    Established Tavern with Growth Potential

    Rail 99 is a family-owned tavern and sports bar that offers lunch and dinner, weekly specials, live entertainment, and an outdoor patio. The business has a cafe license with a casual food menu. The interior is modern and recently renovated, featuring an 18-person bar and a 60-person dining room. The outdoor patio can accommodate 40 people. The property also includes an upstairs 1-room apartment with a bath and shower. There is marketing growth potential, especially through local partnerships and a stronger digital presence. Well-executed promotions and community engagement could increase foot traffic, repeat visits, and seasonal event volume.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rail 99 Tavern Bar & Grill

    Suggested Use

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

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

    Similar Places Nearby

    Rail 99 Tavern, Deep River Distillers

    Location Insight

    • Map
    • Local Demand
    City
    Cromwell
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6447062
    Latitude
    41.595055

    Nearby Similar for Sale

    • $1,500,000
      5,801 SF

      Cromwell Medical Office Building For Sale

      Modern medical office building with treatment rooms and inviting waiting lounge.
      30 Country Squire Dr, Cromwell, CT 06416
      View Details
    • $2,500,000

      Restaurant and Retail Opportunity

      Two buildings on 0.51 acres with ample parking.
      198-200 West St, Cromwell, CT 06416
      View Details
    • $755,900

      Cromwell Specialty Property For Sale

      Specialty property available for purchase in Cromwell, Connecticut.
      Primrose Ln, Cromwell, CT 06416
      View Details
    • $599,900

      Cromwell Specialty Property For Sale

      Specialty property available for purchase in Cromwell, Connecticut.
      2 Gatesville Ln, Cromwell, CT 06416
      View Details
    • $389,900

      Main Street Specialty Property

      Specialty property available for sale on Main Street.
      587 Main St, Cromwell, CT 06416
      View Details
    • $599,900

      Cromwell Specialty Property For Sale

      Specialty property available for purchase in Cromwell, Connecticut.
      37 Coles Rd, Cromwell, CT 06416
      View Details

    FAQs

    What type of property is this?
    Bar - Family-owned tavern/sports bar with growth potential, renovated interior, and outdoor patio.
    Where is this bar located?
    The property is located at 1 Wall St Cromwell, CT.
    What is the asking price?
    The asking price for this property is $489,500.
    What are key features of this property?
    This property features: - Established tavern/sports bar with loyal customer base; - Cafe license with casual food menu; - Recently renovated interior featuring an 18-person bar and a 60-person dining room
    (860) 604-1655
    Request Owner's contact information
    1 Wall St Cromwell, CT 06416
    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.
    1 Wall St
    Cromwell, CT 06416
    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
    1 Wall St Cromwell, CT 06416
    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.