11 East Pattagansett Road
East Lyme, CT 06333
$1,525,000
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.
| Listing Id: | 24196981 |
|---|---|
| List Price: | $1,525,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bank Owned Property: | No |
| Baths Full: | 1 |
| Living Area Sqft Per Public Record: | 2,200 |
| Property Tax: | $8,063 |
| Acres: | 0.27 |
| Direct Waterfront Yn: | No |
| City: | East Lyme |
| County: | New London |
| Postal Code: | 06333 |
| Year Built: | 1960 |
| Total Number Of Units: | 1 |
| Ada Compliant Yn: | Yes |
| Agent Owner Yn: | No |
| Assessed Value: | $278,530 |
| Basement Description: | No |
| Baths Total: | 1 |
| Business Included Ynn: | Yes |
| Comp Only Manual Yn: | No |
| Cooling System: | Central Air |
| Current Price: | $1,525,000.00 |
| Directions: | GPS Friendly |
| Display Fair Market Value Yn: | No |
| Documents Available: | Brochure |
| Foundation Type: | Concrete |
| Gross Annual Income: | $807,518 |
| Heat Fuel Type: | Bottle Gas |
| Heat Type: | Hot Water |
| Home Owner's Assocation: | No |
| Listing Contract Date: | 2026-08-11 |
| Location: | Downtown |
| Lot Description: | Level Lot |
| Mil Rate Total: | $28.95 |
| Status: | Active |
| Occupied By: | Owner |
| Original List Price: | $1,525,000 |
| Parcel Number: | 1467067 |
| Possession Availability: | Negotiable |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 333-3242 |
| Present Use: | Restaurant |
| Price: | $1,525,000 |
| Road Frontage Description: | State Road, Municipal Street |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 2,200 |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric, Gas, Cable |
| Water Source: | Public Water Connected |
| Zoning: | CB |
Listing Courtesy of: Berkshire Hathaway NE Prop.
Listing Agent: Kyle Schrader
(860) 333-3242
Mortgage Calculator
© 2026 Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed. MLS Disclaimer: Information deemed reliable but not guaranteed to be accurate.
Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET