Property profile

247 Main St Niantic, CT 06357

OFF-MARKET
Investment properties
Property ID
US15-0761661
5,274 SF 0.16 ac lot Built 1890
Entity Owned 18-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Construction FRAME
Total area 5,274 SF
Lot 0.16 ac (6,970 SF)
Zoning code CB
APN ELYM M:012.1 B:00108 L:00000
UPID US15-0761661

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
  • Nightclub Bar & Pub

Location

247 Main St Niantic, CT 06357-3162
Niantic metro Census 870704 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2007
1 recorded transaction
2007
$400,000

Zoning & alternative use

CB · 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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