20 Race AvePlainville, CT 06062

Property Details for 20 Race Ave

Year built

1996

Construction

FRAME

Lot size

0.34 AC

Property size (Sq ft)

2,900 SF

Zone code

GC

Property type

Retail properties

Property subtype

Retail space

APN

PLAI M:39 B:N L:07.1

APU

PLAIM39BNL071

Description

This thriving Plainville, CT business, operating successfully for two decades, offers a diverse range of services including automotive window tinting (residential, commercial, and marine), car audio/video installation, paint protection film application, remote starters and alarms, performance parts and accessories, headlight/taillight restoration, and WeatherTech products. A significant and growing revenue stream is generated from DUI breath alcohol testing systems. The business boasts a loyal customer base built on a reputation for using only top-quality products, such as 3M. The 0.34-acre property at 20 Race Avenue provides ample space for operations. This is a turnkey opportunity to acquire a well-established and profitable business. The asking price is $100,000. An additional, separately owned business in Newington, CT is also available for purchase, offering potential for expansion and synergy. Financial details are available upon request, subject to a non-disclosure agreement. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $704,801

  6.5%

  $650,586

  7%

  $604,115

• Comparable approach

  Method

  Valuation

  Relative Method

  $954,863

  Geo Method

  $954,863

• Alternative Use

  Use

  Valuation

  Residential

  $548,793

  Hospitality

  $502,692

  Educational

  $418,234

  Medical

  $432,617

  Retail

  $650,586

Location Insight

City

Plainville

County

Hartford

State

Connecticut

Latitude

41.6633

Longitude

-72.865

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].