Property summary
This exceptional Stafford, CT commercial property presents a unique investment opportunity. Located at 76 W Stafford Road, this 5,895 square foot building sits on a 1.07-acre lot and boasts a thriving, established auto sales and service business complete with a dealership license. The business is currently operational and includes all machinery and materials. The property's prime location offers high visibility and foot traffic, situated next to Stafford Savings Bank and Walgreens, and across from a veterinary hospital. It benefits from proximity to numerous national chains including McDonald's, Subway, Advance Auto Parts, Dunkin' Donuts, O'Reilly Auto Parts, Family Dollar, Aubuchon Hardware, Dollar General, and Tractor Supply. Adding to the investment potential, the property also includes five one-bedroom apartments. Four are currently rented, generating an average monthly rental income of $800 per unit, with one unit vacant. This presents an immediate opportunity for increased revenue. The property is being sold "as is," with all existing business equipment and apartments included in the sale. The asking price for this combined commercial and residential property is $425,000. This is a rare chance to acquire a profitable, established business with significant rental income potential in a high-traffic location.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IN · Stafford Springs, CTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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