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$185,000
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Property Description
Business for Sale. Breakfast and lunch are run by the same family and have been established for over 15 years, long-term lease, fully equipped, and all equipment included. Great reputation is known for quality food and excellent service. It is ideal for a new owner to continue and expand the legacy. Don't miss this rare opportunity!
Full Property Details
Full Property Details for 14 Railroad St
General
- Price: $185,000
- Status: Active
- Type: Business
- Source: SMARTMLS
- MLS ID: 24123707
- Updated: 11/26/2025
- Added to Site: 170 day(s) ago
Business
- Name: Theo's Downtown Diner
Rooms
Bathrooms
- Restrooms: 1
Additional Information
- Equipment Included: Yes
Parking
- Parking: None
Location
- County: Litchfield
- Neighborhood: Aspetuck District
- Driving Directions: Gps friendly
Community
- Community Name: Aspetuck District
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Gas on Gas, Other
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric Available, Phone Available, Cable Available
Structural Information
- Square Feet: 1,600
- Current Bldg. Use: restaurant
Lot Features
- Frontage: Municipal Street
- Present Use: restaurant
Disclosures and Reports
- Property ID: 1874404
Listed by Horizon Real Estate LLC, Steve Filippakos
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Schools
Schools serving 14 Railroad St
School District:New Milford School District
| Name | Grades | Distance |
|---|---|---|
Sarah Noble Intermediate School 25 Sunny Valley Road, New Milford, CT 06776 | 3-5 | 1 mi |
Northville Elementary School, New Milford, CT 22 Hipp Road, New Milford, CT 06776 | K-2 | 3 mi |
Schaghticoke Middle School 23 Hipp Road, New Milford, CT 06776 | 6-8 | 3.2 mi |
New Milford High School, New Milford, CT 388 Danbury Road, New Milford, CT 06776 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14 Railroad St
Date
Details
Price
Change
Source
9/03/2025
Listed
$185,000
-91.19%
MLS
8/14/2025
Sold
$2,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14 Railroad St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,379
6%
$896,100
—
2023
$26,677
3%
$896,100
—
2023
$25,969
2%
$896,100
—
2022
$25,404
1%
$896,100
—
2021
$25,064
-10%
$896,100
-8%
2020
$27,884
—
$972,230
—
2019
$27,903
2%
$972,230
—
2018
$27,388
3%
$972,230
—
2017
$26,493
2%
$972,230
—
2016
$26,027
67%
$972,230
67%
2015
$15,551
2%
$581,350
—
2014
$15,290
2%
$581,350
—
2013
$15,028
—
$581,350
—
2011
$15,028
—
$581,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14 Railroad St
14 Railroad Street, New Milford, CT 06776 (MLS# 24123707) is a Business property. 14 Railroad Street is currently listed for $185,000 and was received on September 03, 2025. Want to learn more about 14 Railroad Street? Do you have questions about finding other Business real estate for sale in New Milford? You can browse all New Milford real estate or contact a Coldwell Banker agent to request more information.

