Technical
Financial
Distress signals
Property profile

229 Main St Niantic, CT 06357

OFF-MARKET
Turn key restaurants
Property ID
US15-0597821
5,716 SF 0.59 ac lot Built 1946
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction FRAME
Total area 5,716 SF
Lot 0.59 ac (25,700 SF)
Zoning code CA
APN ELYM M:010.3 B:00001 L:00000
UPID US15-0597821

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

Location

229 Main St Niantic, CT 06357-1016
Niantic metro Census 716101 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2025
Last sale
$1.4M
6 recorded transactions
2025
$1.4M
2021
$315,000
2007
Price N/A
2001
Price N/A
1988
Price N/A
1988
Price N/A

Zoning & alternative use

CA · Niantic, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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