Greenhouse Nursery Business - for sale with house - New London County, CT

The Land

Property owner

Farmer or farm family

Location

Sprague, Connecticut

Total number of acres available with this property

1.2

Acres of cropland or tillable land

0.3

Acres of pasture

0

Acres of forested land

0.1

Other open and/or non-farmable land

0.3

Farm Information

Water sources present

Available

Types of water sources present

  • Drilled well

Water sources details

Two brand new drilled wells with submersible pumps. One feeds the home and one feeds the greenhouses. Both yield 8gpm and supplies water all year without fail. Brand new automated irrigation system in greenhouses and outdoor sales yard, brand new full house water filters and pressure tanks.

Barns, sheds or other structures

Available

Farm infrastructure details

15,000 square feet of covered greenhouse space, most equipped with new Modine propane heaters, new high efficiency exhaust fans, new circulation fans and north end wall insulation to help cut down on propane costs during winter months. Equipped with benches and woven ground fabric for growing crops in pots for resale. 1600 sqaure foot store front comes equipped with retail shelving and 10x8 walk in cooler in great shape, all equipped with new electrical service upgraded in 2025.

Farmer housing

Available

Farmer housing details

Farmer style home, built in 1800's, 1500 square foot, 3 bed 2 bath home on property. Brand new triple pane windows, newly insulated in all walls, attic and basement, brand new mini split heat pumps installed in every room in the home, newly upgraded 200 amp electrical service and panel in basement, large kitchen and full basement. Established gardens and private yard on side/read of home. Very comfortable as is.

Equipment and machinery

Available

Equipment and machinery details

All greenhouses come equipped with circulation fans, exhaust fans, thermostatic controllers, heaters, irrigation system, benches, germination chamber, etc in all greenhouses. All remaining live plant and seed inventory is included. Retail store is equipped with POS system for tracking sales and accepting credit cards as well as inventory to be sold (fertilizer, statues, etc).

Property was recently approved for a contract to reimburse the cost to replace the plastic on all of the metal heated greenhouses, and that reimbursement will be passed to the new owner if I am not able to replace them myself before the sale.

Is the property enrolled in a current use or other state program that affects property taxes?

No

Is the property protected with any type of Conservation Easement?

No

Is there a forest management plan for forestland on the available property?

No

Is the property certified organic, or does it qualify for organic certification under federal organic regulations?

No

If the property is contracted to be sold through a real estate agent, please provide name of agent and/or agency and the MLS #

The Nathan Clark Team MLS#: 11534505

Tenure Arrangement

Tenure arrangement

  • Property for sale

Property for sale

Selling the home, land and business for $499,990. Broken up by $350,000 value for the home and land, to be determined upon bank appraisal, and $149,990 for the greenhouses, equipment, inventory, guidance, and business. Prices subject to change based on appraisal but asking $499,990 for everything. Willing to take on seller financing for the business portion only, with a deposit due on signing. Rough terms could be up to 10 years, 10% interst rate, small payments for 3 years to help with starting cash flow, ballooning payments after the 3 years, remainder due upon maturity of loan.

Sale price

$499,990

Additional Information

Turn Key Business!!!!

This is a very unique sale of a home and an established retail nursery business all in one property. The business has been around since 1958 and has a very large customer base. Currently we are only open April-June. This business has a lot of potential for more growth and we would like to see it remain open for longer than our current season. We are very willing to share all our spreadsheets, crop timing and all other knowledge we have gained over the years to ensure success. We have done many upgrades to the property over the years we have been here and have made the operation much more efficient. Our sales have increased every year and our customer base has been growing as well. We are happy to share all information from our sales to a serious buyer. Everything we sell is recorded in square and can easily make reports.

Ideally, a family who like working from home, likes setting their own hours, and loves working with plants would be the perfect match for this property. My wife and I currently live here and run the business and would like to move to our farm property to expand our roots there. Feel free to reach out to me, the owner, here or contact our real estate agent with any questions or to schedule a showing. Qualified and serious buyers only.

Price of the business portion is negotiable, depending on how much training is needed and on the current inventory, based on what time of year the sale happens. Idealy we would like to transition to the new owners before the winter to allow for plentry of time to set up and start groinwg for the 2027 Spring season. Our farm is close by and we are happy to give advice and help as needed after the sale for the first season of ownership to ensure success. This business is a town staple and we want to see it continue to succeed.

 

Click Link to view on real estate website

https://nathanclarkteam.com/properties?slug=201-willimantic-rd-sprague-ct-06330-1040

Date posted

Map

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