180 Main st., Norwalk, CT
Business for Sale - $550,000 - 3,500 Sq. Ft. on 0.25 acres
Property Info
| CIMLS# | 333823 |
| Location 180 Main st. Norwalk CT 06851 | |
| Updated | February 3rd, 2012 |
| Type | Business |
| Price | $550,000 |
| Building | 3,500 Sq. Ft. |
| Land | 0.25 acres |
Property Description
Store has been at location for over 65 years. Brick building, 17 parking spaces. Close to exit 2 off connector, merging 95 and Merit parkway. Smartly located near intersection of route 7 and 123.
email panosjordan811@gmail.com
Financials
Liquor store generates $300,000 cash flow. Everything updated. $550,000 with room for a little negotiation, plus inventory. Lease $7500 10 yr with two 5 year options, 3% increase per year. Option to buy building $1750000,8.1% cap, two other tenants-$51,600 income per year.