364 School St , Putnam, CT 06260
Putnam, CT 06260
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 approximate value of the equipment. Located on RT 44 near Walmart, 6/10 mile from I-395 exit
Details
| MLS# | 73313125 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1994 |
| Days On Site | 126 |
| Listing Provided By | Northeast Realty | Dennis J. Duga |
Features
| Bath(s) | 2 |
|---|---|
| SQ Feet | 2,064 |
| Zoning | Commercial |
| Acreage | 0.17 |
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Learn More About This Property
| State | CT |
|---|---|
| County | Windham |
| City | Putnam |
| Zip Code | 06260 |
| Area | Windham |
| Listing VS Median (In 06260) | |
Price: $350,000 low | high Med: $399,900 SqFt: 2,064 low | high Med: 3,168 $ / SqFt: $170 low | high Med: $126 On site: 126 low | high Med: 125.000000 | |