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Mixed-Use Property with Apartments
For Sale
$2,600,000

249 , East Hampton, CT 06424

An operating liquor retailer, two apartments, and additional leasable area occupy the property.

Property Size1,950 SF
Lot Size1.09 Acres
Price / SF$380.28
Days on Market8

Property Features for 249

General Information

Standard status Active
Size 1,950 SF
Lot size 1.09 Acres
Property subtype Commercial
Lease Term Listing ID: 24210465, Standard Status: Active, MLS Status: Active, 1 day on market

Site & Location

Corner Location Yes
Road Access Yes

Additional Details

Business Included Yes

Building Details

Building Size 1,950 SF
Year Built 1950
Buildings 1
Tenancy Multi
Listing Agency: Century 21 Classic Homes
Listed By: Gary Pruitt · License #RES.0783857
Source: Iverty
Added: Sep 28 Changed: Oct 4 Last Checked: Oct 5 at 6:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Classic Homes

Investment Insights

Based on property information with market context.

The 8,100-square-foot building combines a liquor store, two apartments, and separate space available for lease. The liquor store business is part of the sale. The leasable area could accommodate a convenience store, and approved plans cover gas pumps and a canopy.

The 1.09-acre property sits at a signal-controlled intersection of two heavily traveled roads. An adjoining 1.42-acre parcel may also be acquired with the property for a larger redevelopment site.

Key Highlights

  • 8,100‑square‑foot building with retail, residential, and leasable space
  • Liquor store business included in the sale
  • Two residential apartments in the building

Property Analytics

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Current Use

Cheers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Auto Repair Shop Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 06424, CT

12,403
Population
5,223
Households
2.4
Avg Household Size
45
Median Age
37%
College-Educated
94%
High-School Grad
39.2 sq mi
ZIP Area
316
Density / Sq Mi
$116,645
Median Household Income
$59,813
Median Earnings
$1,338
Median Rent
$322,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - An operating liquor retailer, two apartments, and additional leasable area occupy the property.
Where is this mixed-use property located?
The property is located at 249 East Hampton, CT.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 8,100‑square‑foot building with retail, residential, and leasable space; Liquor store business included in the sale; Two residential apartments in the building
More about this property
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