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Established Liquor Stores Business Opportunity
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166 S Riverside Avenue, Plymouth, CT 06786

Two established liquor stores for sale in Plymouth, Connecticut.

Property Size3,910 SF
Price / SF$88.24
Days on Market882

Property Features for 166 S Riverside Avenue

General Information

Standard status Active
Size 3,910 SF
Property subtype Special Purpose
Listing Agency: Century 21 All Point Realty
Listed By: Briana Balara · License #CT
Source: Crexi
Added: May 23, 2024 Changed: Oct 13 Last Checked: Oct 20 at 9:32PM

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 All Point Realty

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Investment Insights

Based on property information with market context.

An excellent opportunity exists to acquire two established liquor stores located in Plymouth, CT. The sale encompasses the inventory at both locations, both liquor licenses, and the leasehold interest in the entire property situated at 166 S Riverside Drive. This leasehold arrangement provides many of the advantages of traditional ownership, granting long-term control and responsibilities akin to those of a fee simple owner, but within a defined term. Further lease details are available for review upon the execution of a confidentiality agreement. The Riverside Drive location also generates supplementary income through a tenant-operated tattoo parlor. The second location, found at 569 Main Street in Plymouth, is currently leased, and the landlord is willing to execute a new lease with the prospective buyer. This is a rare turnkey opportunity, ideally suited for an owner-operator or an investor in search of a stable, cash-flowing business with long-term potential. The property size is 3910 square feet.

Key Highlights

  • Two established liquor stores included in the sale.
  • Sale includes inventory and liquor licenses for both locations.
  • Leasehold interest at 166 S Riverside Drive provides long‑term control.

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Nail Salon Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Groceries 25% Shops & Services 8% Home Improvements & Furnishings 4%
McDonald's Dining
18,039 visits/mo 0.5 miles
Adams Supermarket-Terryville IGA Groceries
9,642 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,839 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
3,068 visits/mo 0.5 miles
Lee Hardware Home Improvements & Furnishings
1,459 visits/mo 0.5 miles

Demographics for 06786, CT

9,384
Population
4,314
Households
2.2
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
14.3 sq mi
ZIP Area
656
Density / Sq Mi
$99,855
Median Household Income
$53,500
Median Earnings
$1,141
Median Rent
$237,200
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

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Two established liquor stores for sale in Plymouth, Connecticut.
Where is this grocery and convenience store located?
The property is located at 166 S Riverside Avenue Plymouth, CT.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Two established liquor stores included in the sale.; Sale includes inventory and liquor licenses for both locations.; Leasehold interest at 166 S Riverside Drive provides long‑term control.
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