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Property profile & analytics
OFF-MARKET
Turn key restaurants

1 Waterbury Rd Thomaston, CT 06787-1825

1,833 SF 0.14 ac lot Built 2004
Individually Owned Free & Clear
Property ID
US15-0879056
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Construction FRAME
Total area 1,833 SF
Lot 0.14 ac (6,098 SF)
Zoning code M1
APN THOM M:55 B:02 L:03
UPID US15-0879056
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richard Iovine
Richard Iovine
since 2025
Last sale
$30,000
2 recorded transactions
2025
$30,000
2003
$85,000
Zoning & alternative use
M1 · Thomaston, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1 Manufacturing Light 15,000 M-2 Manufacturing Heavy 15,000 3.2 General Zone and District Definitions A. General Commercial (GC) Provides for comm ercial activities in the central business district and along the major arterials. Uses may require Commission review regarding their impact on parking, vehicular traffic patterns, and pedestrian traffic. B. Manu…

Zone name Manufacturing Light
General category INDUSTRIAL
Zone area 319.83 ac
Source THOM Zoning Regulations 1132022
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