Log In/Sign Up
Your email has been sent.
11 E Pattagansett Rd 2,200 SF 100% Leased Retail Building Niantic, CT 06357 $2,137,227 CAD ($971.47 CAD/SF)
Investment Highlights
- Turnkey Investment Opportunity-Building and Business
- Shoreline CT Market provides ample tourism in addition to massive local consumer base.
- Ideal for Owner-Operator looking to expand to new markets.
Executive Summary
The 2,200 SF commercial building sits on 0.27 acres, zoned CB, in a high-visibility downtown Niantic corner location near shops and the beach. It offers a full commercial kitchen, custom bar, tastefully finished dining room, fenced outdoor patio, and on-site parking. The sale includes the business along with the real
estate, featuring a robust catering operation in addition to the established restaurant and bar.
Turnkey Restaurant & Bar Opportunity — Niantic, CT
A rare opportunity to acquire a fully equipped, turnkey restaurant and bar business along with the real estate in the heart of Niantic, CT. This established, well-known dining destination has built a loyal local following and offers a new owner a true walk-in operation — no buildout required.
The Real Estate
The 2,200 SF single-story commercial building sits on a 0.27-acre lot zoned CB (Central Business) in a prime, high-visibility corner location in downtown Niantic, walkable to shops, the beach, and village amenities. The building features a full commercial kitchen with hood system, walk-in refrigeration, and extensive stainless prep and storage, along with a handsome custom bar backed by a stocked back bar and dual TV mounts. The dining room is tastefully finished with tile flooring, accent walls, and coastal-inspired décor, complemented by a host/POS station and welcoming entry vestibule. An expansive outdoor patio, fully fenced for privacy, and an on-site parking lot round out the offering.
The Business
An established restaurant and bar concept with a strong reputation, repeat clientele, and a robust catering operation offered as a business and real estate
package. Full financial details, business name, and additional operating information will be made available to qualified, vetted buyers upon execution of a
Non-Disclosure Agreement.
Buyer Qualification
Due to the sensitive nature of this sale, all prospective buyers must be pre qualified and vetted prior to receiving a Non-Disclosure Agreement. Please contact the listing agent to begin the qualification process and request access to the confidential offering package
estate, featuring a robust catering operation in addition to the established restaurant and bar.
Turnkey Restaurant & Bar Opportunity — Niantic, CT
A rare opportunity to acquire a fully equipped, turnkey restaurant and bar business along with the real estate in the heart of Niantic, CT. This established, well-known dining destination has built a loyal local following and offers a new owner a true walk-in operation — no buildout required.
The Real Estate
The 2,200 SF single-story commercial building sits on a 0.27-acre lot zoned CB (Central Business) in a prime, high-visibility corner location in downtown Niantic, walkable to shops, the beach, and village amenities. The building features a full commercial kitchen with hood system, walk-in refrigeration, and extensive stainless prep and storage, along with a handsome custom bar backed by a stocked back bar and dual TV mounts. The dining room is tastefully finished with tile flooring, accent walls, and coastal-inspired décor, complemented by a host/POS station and welcoming entry vestibule. An expansive outdoor patio, fully fenced for privacy, and an on-site parking lot round out the offering.
The Business
An established restaurant and bar concept with a strong reputation, repeat clientele, and a robust catering operation offered as a business and real estate
package. Full financial details, business name, and additional operating information will be made available to qualified, vetted buyers upon execution of a
Non-Disclosure Agreement.
Buyer Qualification
Due to the sensitive nature of this sale, all prospective buyers must be pre qualified and vetted prior to receiving a Non-Disclosure Agreement. Please contact the listing agent to begin the qualification process and request access to the confidential offering package
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
B
Year Built/Renovated
1960/2016
Price
$2,137,227 CAD
Price Per SF
$971.47 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.27 AC
Zoning
CB - See Attached CB Zoning Regulations
Parking
22 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Castello Niantic
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Castello Niantic | Accommodation and Food Services | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | ELYM-001102-000150 | Improvements Assessment | $259,873 CAD |
| Land Assessment | $130,476 CAD | Total Assessment | $390,349 CAD |
Property Taxes
Parcel Number
ELYM-001102-000150
Land Assessment
$130,476 CAD
Improvements Assessment
$259,873 CAD
Total Assessment
$390,349 CAD
1 of 38
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
11 E Pattagansett Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.