11 E Pattagansett Rd - Restaurant FOR SALE


Niantic, CT 06357
$1,525,000 USD
860-333-3242
11 E Pattagansett Rd, Niantic, CT for Sale
$1,525,000 USD
Restaurant - FOR SALE
1/37
null | Request Cap Rate

11 E Pattagansett Rd
Niantic, CT 06357


HIGHLIGHTS

  • Turnkey Investment Opportunity-Building and Business
  • Ideal for Owner-Operator looking to expand to new markets.
  • Shoreline CT Market provides ample tourism in addition to massive local consumer base.

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$667 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

CROSS STREETS

Hope St

LAND ACRES

0.27 AC

LAND SF

11,742 SF

ZONING

CB

APN/PARCEL ID

ELYM-001102-000150

ASK ABOUT THIS PROPERTY

Kyle SchraderCTRE dba BHHS NE Westchester PropertiesMore Info
860-333-3242

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Kyle SchraderCTRE dba BHHS NE Westchester PropertiesMore Info
860-333-3242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.