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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 All Star Wine & Liquor Manchester, CT 06040

1,536 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving All Star Wine & Liquor storefront in Manchester, Connecticut. Located at 200 West Center St, this 1,536 square foot retail space boasts a strong net operating income (NOI) of $50,000, generating a monthly rent of $2,560 under a modified gross lease. The property features ample off-street parking for 20 vehicles, supplemented by free street parking. Its prime location in the West Side Village Plaza on Route 44, near the corner of McKee Street, provides excellent visibility and accessibility, with easy access to major highways within a mile. The current 5/5/5 lease offers a secure, long-term investment. The business itself shows impressive growth, with sales exceeding 2022 figures by $100,000 and a 26% gross profit margin. Additional income streams include ATM commissions of $5,200 annually. The current store manager enjoys strong community relations. This is a single-story building, part of a single-unit property, and is offered for sale by owner at $197,500. Owner financing is negotiable. Note that no additional liquor licenses are available in Manchester. This turnkey operation presents a rare opportunity for a savvy investor seeking a profitable and established business.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,536 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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