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    103 Main St Somers, CT 06071

    Sponsored
    For Sale
    $1,500,000

    Established Wine & Liquor Store, Real Estate Included

    Property size:
    3,325 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a thriving wine and liquor store, Somers Wine & Liquor, coupled with its accompanying real estate. Located at 103 Main St, Somers, CT 06071, this property boasts 3,325 square feet situated on a 0.92-acre lot. The single-story, 2002-built building features three units, including the established liquor store, a vacant retail space (previously an ice cream shop and storage), and an attached greenhouse. The property benefits from its prime location on CT Route 190, a major east-west commuter road, ensuring high visibility and accessibility. Ample parking is available, catering to both customers and potential tenants. The B-zoned property offers significant redevelopment potential, allowing for expansion of the existing business or the addition of new tenants to the vacant space. The sale includes both the business and the real estate, presenting a unique opportunity for owner-users seeking a value-add or redevelopment project. This established business enjoys a loyal local customer base and benefits from its location at a signalized intersection on a major state route and commercial corridor in Tolland County, providing excellent access to Northern Hartford County. The asking price for this turnkey operation is $1,500,000.

    Property Features for 103 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,325 SF
    Lot Size
    40,075 SF

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • High‑traffic location on major thoroughfare.
    • Business and real estate offered as a package sale.
    • Available vacant retail space ideal for expansion or additional tenant.
    • Ample on‑site parking.
    • Prime redevelopment opportunity at a signalized intersection on a major state route.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somers
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.4902438
    Latitude
    41.9855732

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    FAQs

    What type of property is this?
    Individual retail property - Established Wine & Liquor Store, Real Estate Included
    Where is this individual retail property located?
    The property is located at 103 Main St Somers, CT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: High-traffic location on major thoroughfare.; Business and real estate offered as a package sale.; Available vacant retail space ideal for expansion or additional tenant.
    Request Owner's contact information
    103 Main St Somers, CT 06071
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    Somers, CT 06071
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Main St Somers, CT 06071
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