364 School St new

Putnam,CT 06260

$ 350000

3 Beds

2 Baths

2064 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,064 sqft

Price per Sqft $169

MLS Listing ID 73312758

Style Cape

Bedrooms 3

Full Baths 2

HOA Y/N false

Year Built 1960

Annual Tax Amount $3,567

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Originally a 4 Br 2 bath a house, thanks to location for 25 years this has been a mixed commercial & residential use; a successful pizza shop with apartment upstairs. Start up & take over turnkey a going concern that pays the bills while working from home, or rent both units as an investor, or possibly change use. All real estate and business fixtures/equipment included. Plenty of parking & drive under garage door for loading. Present model is mostly take-out, word of mouth with zero expense on advertising, wait staff or delivery staff. Year over year revenue has kept up; 8-10% increase each year over prior year. In business 30 years, 25 at this location. Lease with option or closing at a future date possible, but the deposit would have to be large enough to cover the approx. $100K worth of equipment, since unlike real estate, equipment can "disappear". Located on RT 44 near Walmart, 6/10 mile from I-395 exit 47, 25 minutes from 1 College St Worcester, 47 minutes to Providence.

Location

State CT

County Windham

Zoning HC

Direction GPS

Rooms

Basement Full,Walk-Out Access

Interior

Heating Baseboard,Oil

Cooling Window Unit(s)

Fireplaces Number 1

Appliance Water Heater

Exterior

Exterior Feature Porch,Deck - Wood

Garage Spaces 1.0

Community Features Shopping,Park,Golf,Medical Facility,Highway Access,Private School,Public School,University

Waterfront false

Waterfront Description Beach Front,Lake/Pond,Beach Ownership(Public)

Roof Type Shingle

Parking Type Under,Paved Drive,Off Street

Total Parking Spaces 12

Garage Yes

Building

Foundation Concrete Perimeter,Block

Sewer Public Sewer

Water Public

Others

Senior Community false

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