Liquor Store & Mixed-Use Property with Approved Gas Station Plans in CT

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Financial Details

Asking Price:
$4,000,000
Annual Revenue:
$1,200,000
Cash Flow / SDE:
$250,000
Profit Metric:
Cash Flow
Valuation Multiple:
16.0x
Location:
CT, US
Source:
Date:
September 21, 2025

Key Highlights

Prime corner location with high visibility and 18,000 car count.
Includes 2.5+ acres with approved plans for a 4 MPD gas station and C-store, a rare opportunity in Connecticut.
Mixed-use property with existing retail storefronts, 5 apartment units, and potential for storage unit business.

Description

This is a rare and unique opportunity to acquire a well-established liquor store situated on a prime, highly visible corner lot in Connecticut, boasting 18,000 car count and over 125 feet of main road frontage. The business currently generates over $1.2 million in revenue with significant growth potential. The sale includes 2.5+ acres of land with approved plans for a 4 MPD gas station and a large convenience store, making it one of only five such mixed-use properties in the state. The property also features three existing retail storefronts (one previously leased for $4,500/month), five apartment units, and ample open land suitable for developing a storage unit business, a popular venture in the area. This comprehensive offering presents a substantial opportunity for expansion and diversified revenue streams.

Industry Information

Industry Description:
Liquor Store, Gas Station, Retail, Apartments
Classification:
Retail

Real Estate & Lease

Status:
Included

Broker Contact

Company:
The Kensington Company
Phone:
(516) 626-2211

Listing Details

Listing ID:
42e69b61-aa84-4217-a33b-be029ebd4b1f
Source Listing ID:
15528
Deal Status:
For Sale
Last Updated:
September 21, 2025
Currency:
USD

Features & Tags

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