You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Showrooms

49 Main St Baltic, CT 06330-1346

2,121 SF 0.1 ac lot Built 1880
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US15-0901447
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational restaurant located at 49 W. Main Street in Sprague, Connecticut, within the desirable C-2 zoned district. The property boasts a 0.1-acre lot and encompasses a well-established restaurant space with a proven track record. Previously a thriving breakfast establishment and more recently a pizza restaurant, this 40-seat eatery is equipped for immediate operation. The turnkey setup includes essential commercial kitchen equipment such as two walk-in coolers, a grill, and an oven, minimizing the need for significant upfront investment. The restaurant's history demonstrates its viability within the local market, offering a strong foundation for continued success. Adding to its appeal is a residential apartment situated above the restaurant, providing additional income potential or convenient owner's housing. The property's prime location in downtown Baltic ensures high visibility and accessibility to a steady stream of customers. This combined commercial and residential property presents a rare opportunity to acquire a profitable business with significant upside potential in a thriving Connecticut community. The asking price is $495,000. The property is situated in New London County, Connecticut, zip code 06330.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1880
Construction STEEL FRAME
Total area 2,121 SF
Lot 0.1 ac (4,356 SF)
Zoning code C-2
APN SPRA M:26 B:01 L:03
UPID US15-0901447
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chris Dalardha · 2 yrs held
Chris Dalardha
since 2023
Last sale
$80,000
6 recorded transactions
2023
Price N/A
2013
$80,000
2012
$1
2007
$300,000
2002
Price N/A
1990
Price N/A
Zoning & alternative use
C-2 · Baltic, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 49 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message