345 Colt Highway, Farmington, CT 06032

$221,000
2,087
SqFt
Sold Price
$221,000
List Price
$300,000
Status
CLOSED
MLS#
170563966
Closing Date
Oct 16, 2023
Living Area
2,087
Neighborhood
N/A

Property Description

A Unique Opportunity to own a Boutique wine and Liquor shop in the heart of the city. Oak Barrel Wine & Spirits, Farmington, CT was established in 2019 in the Shopping center. The store was designed to incorporate a rustic/country theme providing a comfortable and pleasant shopping experience for customers in search of unique, higher quality and value-based wines, liquors and micro beers. Additionally, the floor plans incorporate tasting tables to allow for scheduled tastings providing customers an opportunity to experience new products offerings, expand their knowledge base of various offerings and further develop their tasting competencies. In addition to significantly investing in the decoration of the stores, management has been very particular in hiring staff that has significant knowledge and experience in the liquor industry to provide appropriate guidance and recommendations to its customers. The premise consists of 2087 square feet in the shopping plaza representing 25.54% of the rentable space. Demographics using 3 mile radius include a population of 56000(2020) with 22,000 households and an average household income of $87,000.00. Traffic count is 28000 vehicles per day. Currently, store is owner absentee.

Additional Information

Heating
Gas on Gas
Fuel Type
Natural Gas
Cooling System Type
Central Air
Sewer
Public Sewer Connected
Water Source
Public Water Connected

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Snehal B. Dharani from Coldwell Banker Realty

Listing courtesy of Snehal B. Dharani from Coldwell Banker Realty

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.