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Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,968 sqft
Price per Sqft $150
MLS Listing ID 1267391
Sold Date 11/14/22
HOA Y/N No
Abv Grd Liv Area 4,968
Year Built 1880
Annual Tax Amount $7,810
Tax Year 2020
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Commercial
Property Description
The perfect investment package! 2 multi-family properties with 5 rental units and a package store business. Newly renovated unit at building #7 and a new roof for building #15. The liquor store has been in business for over 20 years. Strategically located in the busy corner of Route 1 and Route 2, 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. Inventory not included.
Location
State CT
County New London
Zoning DB-5
Rooms
Basement Full
Interior
Heating Baseboard, Forced Air, Zoned
Cooling Central Air, Window Unit(s)
Furnishings Unfurnished
Laundry In Unit
Exterior
Community Features Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Sidewalks, High Traffic Location, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
Street Surface Asphalt,Concrete,Paved
Total Parking Spaces 12
Building
Foundation Brick/Mortar, Combination, Concrete Perimeter
Sewer Connected
Water Connected, Public
Structure Type Frame
New Construction No
Others
Tax ID 715LIBERTYSTPAWC
Security Features Security System,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
Financing Other
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Bought with RE/MAX South County