$750,000
$999,999
25.0%For more information regarding the value of a property, please contact us for a free consultation.
4,968 SqFt
SOLD DATE : 11/14/2022
Key Details
Sold Price $750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,968 sqft
Price per Sqft $150
MLS Listing ID 170385712
Sold Date 11/14/22
Year Built 1880
Annual Tax Amount $7,949
Lot Size 8,712 Sqft
Property Description
The perfect investment package! 2 multi-family properties with 5 rental units and a package store business. Newly renovated 3 bedroom apartment at building #7 and a new roof for building #15. Hamms Wine Cellar has been in business for over 25 years. Strategically located in the busy corner of Route 1 and Route 2 (22k traffic count daily), it’s the only package store in semi-rural Pawcatuck-Westerly downtown. This liquor store business offers easy cash flow to an owner-operator or to an absentee owner. Potential for over $50k annual rental income. The Buyer must apply for a liquor license and tobacco sales permit. Inventory not included.
Location
State CT
County New London
Zoning DB-5
Interior
Interior Features Living Space Available, Security System
Heating Baseboard, Hot Air, Space Heater
Cooling Central Air, Window Unit, Zoned
Flooring Tile, Wood
Exterior
Exterior Feature Gutters, Outside Storage Area, Sidewalk, Storage Building
Garage On Street Parking, Off Street Parking, Parking Lot
Utilities Available Phone Available, Cable Available
Roof Type Asphalt Shingle,Flat
Building
Lot Description Level Lot, Sloping Lot
Story 3
Foundation Brick, Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Dennis J. Billias • RE/MAX South County
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Broker | REB.0791464