$ 350,000
364 School St Putnam, CT 06260
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 350,000
Est. payment /mo
New
364 School St Putnam, CT 06260
UPDATED:
11/15/2024 07:29 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73313125
Year Built 1994
Property Description
Turnkey restaurant; real estate, fixtures/equipment & inventory for sale. For 25 years this has been a mixed use commercial & residential property; a successful pizza shop with an apartment upstairs. Start up & take over a turnkey going concern that pays the bills while working from home, or rent both units as an investor, or possibly change use. Plenty of parking & drive under garage door for loading. 400 Amp service. Present business 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 the prior year. Same owner in business 30 years, 25 at this location. Lease with option or closing at a future date also 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". Less cash down is needed for a lender financed purchase. Located on RT 44 near Walmart, 6/10 mile from I-395 exit
Location
State CT
County Windham
Zoning Commercial
Direction GPS
Exterior
Utilities Available Public Water, Public Sewer
Waterfront false
Others
Senior Community false
Listed by Northeast Realty