0 All Star Wine & LiquorManchester, CT 06040

Property Details for 0 All Star Wine & Liquor

Property size (Sq ft)

1,536 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a thriving All Star Wine & Liquor storefront in Manchester, Connecticut. Located at 200 West Center St, this 1,536 square foot retail space boasts a strong net operating income (NOI) of $50,000, generating a monthly rent of $2,560 under a modified gross lease. The property features ample off-street parking for 20 vehicles, supplemented by free street parking. Its prime location in the West Side Village Plaza on Route 44, near the corner of McKee Street, provides excellent visibility and accessibility, with easy access to major highways within a mile. The current 5/5/5 lease offers a secure, long-term investment. The business itself shows impressive growth, with sales exceeding 2022 figures by $100,000 and a 26% gross profit margin. Additional income streams include ATM commissions of $5,200 annually. The current store manager enjoys strong community relations. This is a single-story building, part of a single-unit property, and is offered for sale by owner at $197,500. Owner financing is negotiable. Note that no additional liquor licenses are available in Manchester. This turnkey operation presents a rare opportunity for a savvy investor seeking a profitable and established business.

Location Insight

City

Manchester

County

Hartford

State

Connecticut

Latitude

41.7707

Longitude

-72.5434

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