127 Main StStafford, CT 06076

Property Details for 127 Main St

Year built

2006

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.28 AC

Property size (Sq ft)

2,854 SF

Zone code

LB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAF M:48 L:062

APU

STAFM48L062

Description

This exceptional investment opportunity presents a thriving, Class A car wash located at 127 W Main St, Stafford, CT 06076. The 3,600 square foot, single-story building sits on a 1.05-acre lot and boasts a brick exterior and paved parking area. Built in 1995 and extensively renovated in 2018, the property features modern, well-maintained equipment. Currently operating at 100% occupancy since July 6, 2020, this business offers near-passive income potential. The asking price of $1,500,000 reflects an industry-standard multiple of eight times EBITDA. Detailed financial information is available upon execution of a non-disclosure agreement (NDA). The property is zoned B-2 and benefits from a high traffic count in downtown Stafford Springs. This turnkey operation is ideal for investors seeking a lucrative, low-maintenance investment with significant return potential. The single unit is housed within a single building, offering streamlined management. All aspects of the business are in excellent condition.

Location Insight

City

Stafford Springs

County

Tolland

State

Connecticut

Latitude

41.9612

Longitude

-72.3144

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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