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$450,000

  • For Sale
  • Active
  • Commercial
See This Home
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See This Home
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This building has been used as a restaurant for 35+years. 48 seats inside plus extensive outside seasonal patio seating. Finished basement storage with office. Excellent condition with 17 car off street parking lot bordering a new residential housing development. Existing tenant has lease through 1/27. Building sale includes restaurant FF&E.

Full Property Details for 15 Palmer St

General

  • Price: $450,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24143846
  • Updated: 12/7/2025
  • Added to Site: 43 day(s) ago

Interior

  • Interior Features: Public Restrooms, Window Display

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Half Bathrooms: 2
  • Restrooms: 2

Exterior

  • Exterior Features: Sidewalk

Parking

  • Uncovered Spaces: 20
  • Total Spaces: 20
  • Parking: Parking Lot, On Street Parking, Unpaved

Location

  • County: New London
  • Neighborhood: Pawcatuck
  • Driving Directions: GPS Friendly

Community

  • Community Name: Pawcatuck

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Air, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas, Cable

Structural Information

  • Roof: Asphalt Shingle
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 1,378
  • Sq. Ft. Source: Public Records
  • Current Bldg. Use: Restaurant
  • Retail: 1,252 Sq. Ft.
  • Year Built: 1910

Unit Information

  • # Tenants: 1

Unit 1

  • Unit Description: Retail
  • Total Bathrooms: 2
  • Partial Bathrooms: 2

Lot Features

  • Lot Size (Acres): 0.17
  • Frontage: Municipal Street
  • Present Use: Restaurant
  • Zoning: PV-5
  • Lot Description: Corner Lot, Dry, Level Lot

Financial Considerations

  • Assessment Amount: $131,100
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Legal Description
  • Property ID: 2074577

Listed by Russ Real Estate, Randy Russ

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Listing agent

— 15 Palmer St —

  • Randy Russ

    Russ Real Estate

Agent Contact: (860) 961-0929 Office Contact: (860) 599-5997

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15 Palmer St

School District:Stonington School District
NameGradesDistance
Stonington Middle School
204 Mistuxet Avenue, Stonington, CT 06355
6-85.8 mi
Stonington High School
176 South Broad St., Stonington, CT 06379
9-121.4 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 15 Palmer St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/07/2025
Listed
$450,000
181.25%
MLS
2/10/2005
Sold
$160,000
—
Public Record
Get Price Alerts and Save Property
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 for 15 Palmer St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,606
4%
$131,100
—
2023
$2,497
—
$131,100
—
2023
$2,498
-24%
$131,100
2%
2022
$3,291
—
$128,500
—
2021
$3,296
2%
$128,500
—
2020
$3,233
—
$128,500
—
2019
$3,227
4%
$128,500
—
2018
$3,117
5%
$128,500
6%
2017
$2,972
3%
$120,700
—
2016
$2,891
7%
$120,700
—
2015
$2,713
2%
$120,700
—
2014
$2,654
11%
$120,700
8%
2011
$2,388
—
$111,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Russ Real Estate, Randy Russ

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15 Palmer Street, Stonington, CT 06379 (MLS# 24143846) is a Commercial property. 15 Palmer Street is currently listed for $450,000 and was received on December 07, 2025. Want to learn more about 15 Palmer Street? Do you have questions about finding other Commercial real estate for sale in Pawcatuck? You can browse all Pawcatuck real estate or contact a Coldwell Banker agent to request more information.

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