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    Property profile & analytics

    2627 Waterbury Rd Thomaston, CT 06787

    • Turn key restaurants
    • 4,184 SF
    • 0.58 lot acres
    For Sale
    View listing
    $399,000
    Value Estimation
    Location Intelligence
    Property ID
    US15-0737853
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cafe Uno / Bar

    Property Details for 2627 Waterbury Rd

    Year built
    1956
    Construction
    FRAME
    Lot size
    0.58 lot acres
    Property size
    4,184 SF
    Zone code
    M1
    Property type
    Turn key restaurants
    APN
    THOM M:78 B:01 L:01
    APU
    THOMM78B01L01

    Description

    This exceptional free-standing retail building, located at 2627 Thomaston Avenue (Waterbury Rd) in Thomaston, Connecticut, 06787, presents a lucrative investment opportunity. Boasting 5,030 square feet on a 0.94-acre lot, this single-story property is currently configured as a thriving bar and restaurant. The asking price is $399,000, translating to a price per square foot of $79.32. The property benefits from ample on-site parking, a significant advantage for attracting customers. The building is zoned M-1 RS-12, offering flexibility for various commercial uses. Its prime location ensures high visibility and accessibility, making it an ideal investment for owner-users seeking a well-established business in a bustling area. The current tenant operates a successful bar and restaurant, providing a steady income stream for the owner. This property is a rare find, combining a strong existing business with significant potential for future growth. The property's size and location make it an attractive option for a variety of commercial ventures. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $350,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $390,000
      Mixed-Use
      $330,000
      Hospitality
      $375,000
      Educational
      $365,000
      Residential Income
      $355,000
      Energy
      $375,000
      Income-Based Land
      $315,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Thomaston
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.0574
    Latitude
    41.6073
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,766
    $91,770
    $109,410
    $201,180
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $570,000
      2,035 SF

      299 Main St

      RESTAURANT • 2,035 SF
      299 Main St, Thomaston, CT 06787-1813
      View Details
    • Value Estimation
      $345,000
      4,535 SF

      157 Main St

      RESTAURANT • 4,535 SF
      157 Main St, Thomaston, CT 06787-1611
      View Details
    • Value Estimation
      $270,000
      1,872 SF

      4 Main St

      RESTAURANT • 1,872 SF
      4 Main St, Thomaston, CT 06787-1715
      View Details
    • Value Estimation
      $270,000
      1,648 SF

      150 Main St

      RESTAURANT • 1,648 SF
      150 Main St, Thomaston, CT 06787-1741
      View Details
    • Value Estimation
      $300,000
      2,178 SF

      265 Watertown Rd

      RESTAURANT • 2,178 SF
      265 Watertown Rd, Thomaston, CT 06787-1923
      View Details
    • Value Estimation by Request
      1,833 SF

      1 Waterbury Rd

      RESTAURANT • 1,833 SF
      1 Waterbury Rd, Thomaston, CT 06787-1825
      View Details

    Similar Nearby for Sale

    • $399,000
      5,030 SF

      Thrive Thomaston Ave Bar/Restaurant

      Prime Thomaston Retail, High Traffic Area
      2627 Waterbury Rd, Thomaston, CT 06787
      View Details
    • $389,900
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      Specialty property available for purchase in Thomaston, Connecticut.
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    • $75,000
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      8.16-acre interior lot for single home construction.
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      New Mobile Home in Park

      New two-bedroom mobile home with modern amenities in Thomaston, CT.
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    • $389,900
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      Thomaston Mixed-Use Investment Opportunity

      Multi-use property in downtown Thomaston with commercial and residential units.
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    Similar Nearby for Lease

    • $5 SF/Yr
      312,000 SF

      Thomaston Office & Warehouse Space

      Versatile CT industrial space, 26,387 SF available.
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      View Details
    • $1,250 /Mo
      1,000 SF

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      1,000 SF retail/office space with full basement for storage.
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    • Contact for pricing
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      Watertown Road Executive Suites

      Modern Office Space Available Now
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      View Details
    • $700 /Mo
      800 SF

      Main Street Retail Space Available

      Customizable storefront with high foot traffic near Thomaston Green.
      6 Electric Ave, Thomaston, CT 06787
      View Details
    • $3,000 /Mo
      2,500 SF

      Thomaston Flex Space For Rent

      Flex space with three bays, office, and reception area.
      340 S Main St, Thomaston, CT 06787
      View Details
    • Contact for pricing
      9,440 SF

      Main Street Retail Office Space

      998 SF Office, Ample Parking, Lease Available
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      View Details
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    Thomaston, CT 06787
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    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
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