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Property profile & analytics
FOR SALE
Turn key restaurants

360 Watertown Rd Thomaston, CT 06787

5,634 SF 0.6 ac lot Built 1950
Entity Owned 18-yr Hold Free & Clear
Property ID
US15-0377800
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction FRAME
Total area 5,634 SF
Lot 0.6 ac (26,136 SF)
Zoning code GC
APN THOM M:59 B:08 L:03
UPID US15-0377800
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
Current use
Occupant on record · Public records
  • Señor Panchos Thomaston Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$565k
Blend (final) Blend
$310k
Owner & transaction history
C&e Lora LLC · 18 yrs held
C&e Lora LLC
since 2008
2 recorded transactions
2017
Price N/A
2008
$625,000
Zoning & alternative use
GC · Thomaston, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

GC General Commercial 15,000 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, an…

Zone name General Commercial
General category COMMERCIAL
Zone area 185.07 ac
Source THOM Zoning Regulations 1132022
Top alternative use upside
Commercial (general) $825,000 +11.8%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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