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Financial
Distress signals
Property profile

285 Main St Derby, CT 06418

OFF-MARKET
Turn key restaurants
Property ID
US15-0783125
8,346 SF 0.15 ac lot Built 1892
Last sale Mar 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Built in 1892, this Victorian-era commercial building features an ornate exterior reflecting its former use as the Birmingham National Bank. The structure is currently configured for restaurant use and includes first-floor dining areas at both floor and balcony levels, with brick and wood finishes throughout. Former cellar areas have been adapted to provide additional restaurant and bar space, including alcove dining and a stage. Two upper attic areas are used for storage. The building covers…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$422k
Assessed land$46k
Assessed improvement$377k
Effective rate3.86%

Value estimate

· Oct 2026
$335k
$302k – $369k
Submarket $/SF estimate$658k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$146/SF
County average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$79 – $232

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CDD
The purpose and intent of the Center Design Development regulations are to encourage rehabilitation and redevelopment in the downtown are...
General categoryCOMMERCIAL
JurisdictionDERBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.3
Law Firm15.1
Pharmacy13.2

Location

285 Main St Derby, CT 06418-1938
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
87 Elizabeth, Derby, CT 06418-1825 $520,000 Dec 2025 9,528 SF
235 Roosevelt, Derby, CT 06418-1626 $225,000 Feb 2025 1,642 SF
40 Division, Derby, CT 06418-1447 $115,000 Dec 2024 6,155 SF
196 Derby, Derby, CT 06418-2724 $400,000 Nov 2024 7,210 SF
90 Pershing, Derby, CT 06418-1433 $1,325,000 Mar 2024 5,718 SF
181 Main, Derby, CT 06418-1936 $400,000 Jan 2024 5,808 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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