860-304-3037
35 Nehantic Dr, Niantic, CT for Sale
Storefront Retail/Residential - FOR SALE
1/43
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35 Nehantic Dr
Niantic, CT 06357


OVERVIEW

ONE of a KIND........Black Point Market is a beloved neighborhood food market and the sole commercial property located within the Black Point Beach Club community . [1, 2] Atmosphere and Community Role Known as the "Heartbeat of Black Point," it serves as a central gathering spot for local residents and beachgoers. The market has a classic, nostalgic feel, acting as an essential anchor for childhood summer memories and daily community life. Seating is casual, featuring outdoor spots on the building's porch and picnic tables.[1, 2, 3] Specialties and Offerings Food: Serves seasonal breakfast, lunch, and dessert items, including popular fresh sandwiches like roast beef and tuna salad, alongside sweet treats like gelato. Convenience: Functions as a local stop for gourmet goods, quick bites, and everyday essentials near the shore. [1, 2, 3]Rare offering The Black Point Market, a long-time staple in the seaside peninsula of Niantic, CT, with a rich history and connection to the beachside community of Black Point is now available. There are no other commercial properties offering what this market offers with a 5 mile radius and the customer base that’s within a short walking distance is several thousand. Built in 1928 , several generations of "Black Pointers" have cherished memories of their visits. The market is turn key fully operational and consists of 960 square feet where customers can enjoy daily staples and specials for breakfast and lunch as well as shop for produce, groceries and merchandise. The store also sells beer and seltzers as it obtained a liquor license back in 2024. Neighbors and guests can enjoy eating outside on the covered deck or patio with almost 50 seats available onsite. It’s currently open from May to September it can be open year round which should be considered as the increase in year round residence continues to soar. There’s never a slow moment as patrons from the beach and other surrounding beach communities flood in at all times, looking for to-go or eat in deli sandwiches , a sweet treat or a beverage to bring back to the sand. Tucked above is a 2 bedroom apartment, consisting of 960 square feet, with a private entrance, backyard and off-street parking spot. The apartment is heated and cooled and has been consistently rented but can be used as a primary residence to enjoy the perks of living in this beautiful private beach community while operating the store. There has also been a new 400sf office / apartment built on the property with several potential uses to include additional rental income. The location of the market and apartment /s are only 1 block from the beach and also enjoys incredible views of Niantic bay. The ground level walkout area of this building houses all the storage and refrigeration needs to support the store as well as has space for the potential to operate a small arcade , scooter / golf cart rentals or laundry services. The possibilities are endless. You’ll find that the residence and surrounding beach areas population love to frequent the market, buying up candy and beach toys alike as guests never leave without a souvenir to commemorate their time at the beach. Plenty of storage is on-site to support the growth of this busy market as it has both a full basement and outbuildings. The Black Point Market plays an integral role in the quintessential Niantic summer playbook. To be a part of its magic is a privilege, touching the lives of those young and old as they share sea-side stories over a cup of morning coffee or gather for a mid-day ice cream treat. In owning this property, you get so much more than a business. You will be gaining life-long friendships and partaking in the fond memories of so many neighbors and guests. Sent from my iPhone Actions

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R12

APN/PARCEL ID

ELYM-005010-000092

ASK ABOUT THIS PROPERTY

Bob CancelmoBerkshire Hathaway HomeServices New EnglandMore Info
860-304-3037

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Bob CancelmoBerkshire Hathaway HomeServices New EnglandMore Info
860-304-3037

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