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Executive Summary

Rare opportunity to acquire a fully operational, family-owned tavern and restaurant along with the real estate in a high-visibility location. Known as Rail 99, this well-established neighborhood bar and grill offers a welcoming atmosphere, loyal repeat clientele, and a strong presence within the local community.
This is an ideal opportunity for an owner-operator seeking a hands-on business with immediate cash flow potential, or an experienced restaurateur looking to expand with a proven concept. The combination of indoor dining, full bar service, live entertainment, and outdoor patio space creates multiple revenue streams and a built-in customer base from day one.
Located in a well-trafficked area of Cromwell, the property benefits from strong visibility, nearby residential neighborhoods, and convenient access to major roadways—supporting consistent local traffic and repeat business.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
C
Year Built
1850
Price
$637,072 CAD
Price Per SF
$212.36 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.29 AC
Zoning
DC
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
68’ on Wall St

Amenities

  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
CROM-000053-000063-000013
Land Assessment
$114,207 CAD
Improvements Assessment
$199,383 CAD
Total Assessment
$313,590 CAD
  • Listing ID: 39879020

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 1 Wall St, Cromwell, CT 06416

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