Individually Owned 
For Sale
1 / 33
$1,100,000
370 E Main St, Ansonia, CT 06401
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Property summary
AI-generated overview
The property is a commercial space configured for uses such as a club, restaurant, and bar. It contains a full kitchen and approximately 6,588 square feet of interior space per the floor plan. The layout includes a second-floor mezzanine overlooking the main level, multiple bar areas, and LED lighting. Updated sound and video systems are installed and included with the property. The building received an upgrade in 1990 and underwent extensive remodeling in 2023. The property is located in an HI zoning district.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,820 SF
Lot
0.28 ac (12,197 SF)
Zoning code
HI
APN
ANSO M:045 B:0028 L:000C
UPID
US15-1301542
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bar & Pub Restaurant
-
High School
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$290k
Owner & transaction history
since 2022
7 recorded transactions
Zoning & alternative use
HI · Ansonia, CT
Zoning description
district with the prefix “LI” or “HI.” A “non-residential district” shall mean any commercial or industrial district as defined in these Regulations. Dumpsters: Storage container unit designed for waste materials of a si…
General category
INDUSTRIAL
Top alternative use upside
Restaurant
$850,000
+30.7%
Commercial (general)
$655,000
+0.7%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$290k
Value range
$261k – $319k
±10% around blend
Estimated value / SF
$50 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$261k
blend $290k
$319k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,820 SF
Lot area
0.28 ac
Year built
1970
Stories
1
APN
ANSO M:045 B:0028 L:000C
Zoning
HI
Assessed value
$379,960
Annual tax
$9,970
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$721k
Range $435k – $982k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$290k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 255 sales
$112
-55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $50/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+31%
vs current-use indication
Commercial (general)
Office Building · current use
Retail Stores
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$380k
Move the market yield to see immediate price impact.
Value / SF
$65
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$24k
$479k
$342k
$266k
$27k
$532k
$380k
$296k
$29k
$585k
$418k
$325k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,970
Tax year 2023
Assessed value
$379,960
Assessed 2023
Previous assessed
$379,960
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$46,060
Assessed improvement
$333,900
Applied tax rate
316.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
5,820 SF
Lot
0.28 ac (12,197 SF)
Zoning code
HI
APN
ANSO M:045 B:0028 L:000C
UPID
US15-1301542
Jurisdiction
ANSONIA
Zoning & alternative use
HI · Ansonia, CTZoning HI · permitted uses
HI · Ansonia, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
district with the prefix “LI” or “HI.” A “non-residential district” shall mean any commercial or industrial district as defined in these Regulations. Dumpsters: Storage container unit designed for waste materials of a si…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.28 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
HI
INDUSTRIAL
Jurisdiction
Ansonia, CT
Recorded code
HI
Official district
HI
Official district profile
What the municipal code says about HI
Zoning description
district with the prefix “LI” or “HI.” A “non-residential district” shall mean any commercial or industrial district as defined in these Regulations. Dumpsters: Storage container unit designed for waste materials of a si…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HI in Ansonia, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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