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1 Wall St 3,000 SF Retail Building Cromwell, CT 06416 $459,900 ($153.30/SF)
Executive Summary
Rare opportunity to acquire a fully operational, family-owned tavern and restaurant along with the real estate in a high-visibility location. Known as Rail 99, this well-established neighborhood bar and grill offers a welcoming atmosphere, loyal repeat clientele, and a strong presence within the local community.
This is an ideal opportunity for an owner-operator seeking a hands-on business with immediate cash flow potential, or an experienced restaurateur looking to expand with a proven concept. The combination of indoor dining, full bar service, live entertainment, and outdoor patio space creates multiple revenue streams and a built-in customer base from day one.
Located in a well-trafficked area of Cromwell, the property benefits from strong visibility, nearby residential neighborhoods, and convenient access to major roadways—supporting consistent local traffic and repeat business.
This is an ideal opportunity for an owner-operator seeking a hands-on business with immediate cash flow potential, or an experienced restaurateur looking to expand with a proven concept. The combination of indoor dining, full bar service, live entertainment, and outdoor patio space creates multiple revenue streams and a built-in customer base from day one.
Located in a well-trafficked area of Cromwell, the property benefits from strong visibility, nearby residential neighborhoods, and convenient access to major roadways—supporting consistent local traffic and repeat business.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
C
Year Built
1850
Price
$459,900
Price Per SF
$153.30
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.29 AC
Zoning
DC
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
68’ on Wall St
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | CROM-000053-000063-000013 | Improvements Assessment | $145,670 |
| Land Assessment | $83,440 | Total Assessment | $229,110 |
Property Taxes
Parcel Number
CROM-000053-000063-000013
Land Assessment
$83,440
Improvements Assessment
$145,670
Total Assessment
$229,110
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Presented by
Joyce Realty LLC
1 Wall St
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