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$130,000
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Property Description
Turn-Key Bar & Eatery - Established & Ready for Your Concept! Well-loved and often frequented, casual restaurant and bar in a prime downtown location. Known for a menu of appetizers, specialty snacks, wings, and a rotating craft beer and liquor selection. Popular entertainment nights include trivia, karaoke, and board games-attracting a loyal, diverse crowd. Sale includes: fully equipped kitchen & bar, furniture, tv's and decor. Established customer base & proven operating systems makes this perfect for a hands-on owner looking to introduce a new food or drink concept, expand a current brand, or continue a fun neighborhood spot. Manageable space ideal for intimate gatherings-parking is limited but suited for the cozy, local vibe. Serious inquiries only.
Full Property Details
Full Property Details for 164 Main St
General
- Price: $130,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Business
- Source: SMARTMLS
- MLS ID: 24119398
- Updated: 12/16/2025
- Added to Site: 157 day(s) ago
Business
- Year Established: 2016
- Seating Capacity: 49
Rooms
Bathrooms
- Restrooms: 2
Additional Information
- Equipment Included: Yes
Parking
- Parking: None
Location
- County: Middlesex
- Driving Directions: Middletown to Arrigoni Bridge towards Portland. The restaurant is on the left side as you leave the bridge.
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Hot Air, Oil, Propane
- Heating Fuel: Oil, Propane
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas
Structural Information
- Current Bldg. Use: Restaurant/Bar
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.14
- Frontage: Municipal Street
- Present Use: Restaurant/Bar
- Potential Use: Restaurant/Bar
- Zoning: B3
Financial Considerations
- Assessment Amount: $180,950
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Exclusions: Sale of Business only. List of excluded items to be provided.
- Property ID: 1032738
Listed by Century 21 AllPoints Realty, Mimi Perrotti
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Schools
Schools serving 164 Main St
School District:Portland School District
| Name | Grades | Distance |
|---|---|---|
Brownstone Intermediate School 314 Main Street, Portland, CT 06480 | 5-6 | 0.4 mi |
Valley View School 81 High Street, Portland, CT 06480 | PK-1 | 0.9 mi |
Gildersleeve School 565 Main Street, Portland, CT 06480 | 2-4 | 1.6 mi |
Portland Middle School 93 High Street, Portland, CT 06480 | 7-8 | 1.1 mi |
Portland High School 95 High Street, Portland, CT 06480 | 9-12 | 1.1 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 164 Main St
Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$130,000
-13.33%
MLS
8/14/2025
Listed
$150,000
-43.4%
MLS
5/16/2018
Sold
$265,000
—
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 164 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,388
3%
$180,950
—
2023
$6,207
6%
$180,950
—
2023
$5,874
—
$180,950
—
2022
$5,870
13%
$180,950
21%
2021
$5,215
2%
$148,960
—
2020
$5,121
2%
$148,960
—
2019
$5,036
—
$148,960
—
2018
$5,036
3%
$148,960
—
2017
$4,913
6%
$148,960
5%
2016
$4,620
1%
$142,100
—
2015
$4,596
2%
$142,100
—
2014
$4,516
22%
$142,100
20%
2011
$3,714
—
$118,720
—
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 164 Main St
164 Main Street, Portland, CT 06480 (MLS# 24119398) is a Business property. 164 Main Street is currently listed for $130,000 and was received on August 14, 2025. Want to learn more about 164 Main Street? Do you have questions about finding other Business real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

