NOMADEReal Estate

$1,525,000

Active

11 Pattagansett Road

East Lyme, Connecticut, 06333 · New London County

0

Beds

1

Baths

2,200

Sq Ft

1960

Built

MLS # 24196981

Price / Sq Ft

$693

Property Type

Commercial For Sale

Lot Size

0.27

Class

Property

About This Property

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 1,800 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, dining room, and an expansive outdoor patio, An on-site parking lot rounds out the offering. The Business-- An established restaurant and bar concept with a strong reputation, robust catering operation, and repeat clientele; offered as a business and real estate package.

Property Details

11 Pattagansett Road, East Lyme Connecticut 06333 — Commercial For Sale listed at $1,525,000.

At a Glance

0

Bedrooms

1

Bathrooms

2,200

Sq Ft

0.27

Lot Size

--

Garage

1960

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodNew London
Address11 Pattagansett Road
MLS Number24196981
Year Built1960
Square Footage2,200
Lot Size0.27
Bedrooms0
Bathrooms1
Water SourcePublic Water Connected

Property Details

Property Features

ADACompliant YN1
Cooling SystemCentral Air
Foundation TypeConcrete
Heat Fuel TypeBottle Gas
Heat TypeHot Water
Roof InformationAsphalt Shingle

Financial

Assessed Value278530
Mil Rate Total28.95
Property Tax8063
Tax YearJuly 2026-June 2027

Other Details

Business Included YNNYes
Documents AvailableBrochure
Gross Annual Income807518
Parcel Number1467067
ZoningCB

All Photos (38)

MARKET CONTEXTEast Lyme
Town Median+286% vs list
$395,000
East Lyme, CT
Mill Rate
29.96
New London County
NYC Commute
145 min
door-to-door estimate
Schools
A-
1 graded
LOADING COMP CLOUD…

This listing is +286% vs the East Lyme median. Verify against same-school-district comps before competing offers.

Contact Kyle Schrader

Fill out the form below and we will respond promptly.

Affordability Calculator

$1,525,000

Down Payment$305,000
Loan Amount$1,220,000
Principal & Interest$7,711/mo
Property Tax$1,525/mo
Insurance$100/mo
Est. Monthly$9,336/mo

Listing Agent

K

Kyle Schrader

Berkshire Hathaway NE Prop.

Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24196981
Last Updated2026-08-11