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

Features

Swimming Pool : No

Heating System : No

Cooling System : No

Basement : No

Pet Policy : No

Fireplace : No

Security : No

Parking : No

Amenities : No

Appliances : No

Construction : Frame

Exterior Unit Features : No

Flooring : No

Sewer : No

Style : No

Water : No

Disclosure : Buyer/buyer’s Agent Must Conduct Their Own Due Diligence

Electric Feature : No

Garage Parking : No

Interior Features : No

Lead Paint : No

Waterview Features : No

Opt Fee Includes : No

Laundry Features : No

Road Type : No

Gas : No

Rent Fee Includes : No

Deposit Reqd : No

Insurance Reqd : No

Last Mon Reqd : No

References Reqd : No

First Mon Reqd : No

Available now : No

Additional Information

Status : Active

Zoning : Commercial

Orig Price : $350,000

LEASE_TYPE : No

LEASE : No

Waterfront : No

MlsStatus : Active

Address Map

City : Putnam

State : CT

County : Windham

Postal Code : 06260

Longitude : W72° 6' 3.7''

Latitude : N41° 55' 24''

Google Map

Business Opportunity

364 School St, Putnam, Connecticut

7,406 Sqft

$350,000

Listing ID #73313125

Basic Details

Property Type : Business Opportunity

Listing Type : For Sale

Price : $350,000

Square Footage : 7,406 Sqft

Year Built : 1994

Listing ID : 73313125

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Agent info

srobb@robbenterprises.com

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.