Active

364 School St

Putnam CT, 06260

$350,000


$169.57 per sqft

Active

2 Baths

2,064 sqft

Commercial

Built in 1994

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 approximate value of the equipment. Located on RT 44 near Walmart, 6/10 mile from I-395 exit

73313125

MLS ID

November 15, 2024

Listed

December 3, 2024

Updated

Map

364 School St
Putnam CT, 06260

Interior Features

Total Bathrooms

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Garage

No


View

No


County

Windham


Pool

No


Zoning

Commercial

 

Courtesy of Dennis J. Duga, Northeast Realty

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Data last updated 4:39 PM UTC, 12/3/2024

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