Skip To Content

364 School St Road

Putnam, CT 06260
  • $350,000
  • STATUS: Active
  • MLS #: 24060017
UPDATED: 42 min ago
$350,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
Built:
1960
County:
Area:

School Ratings & Info

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. 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.

Monthly Payment Calculator



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-12-07T11:10:06.04.
www.1residential.com/homes/157964976
Print Image

364 School St Road Putnam, CT 06260

  • Price: $350,000
  • Status: Active
  • On Site: Days
  • Updated: 42 min ago
  • MLS #: 24060017
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1960
Built
County:
Windham
Area:
Putnam
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. 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.
Exterior Features

Exterior Features Doors - 10-15 ft Garage And Parking Attached GarageParking LotOff Street Parking Parking Total Spaces 14 Road Frontage Description State Road Roof Information Asphalt Shingle

Interior Features

Cooling System Window Unit Heat Type Baseboard Interior Features Living Space AvailableLoading - Grade Number Of Restrooms 2 Sq Ft Total 2064

Property Features

Agent Owner YN No Business Name Putnam House of Pizza Equipment Included All fixtures and equipment turnkey except Polar soda cooler Equipment Value Estimated 100000 Foundation Type Concrete Gross Annual Income 219000 Heat Fuel Type Oil Home Owners Assocation No Inventory Included YN Yes Land Included With Business Business with Real Estate Location Highway AccessRetail Corridor Present Use Pizza Restaurant Sewage System Public Sewer Connected Space Is Leased YN No Subdividable YN No Tax Year July 2024-June 2025 Utilities Available ElectricTelephoneCable Available Water Source Public Water Connected Year Business Established 1994 Zoning Commercial

Listing information © 2024 Smart MLS
Listing provided courtesy of Dennis Duga of Northeast Realty: (860) 684-4455.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-12-07T11:10:06.04.
 
https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_24060017-1.jpg https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_24060017-1.jpg https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_24060017-1.jpg
Logo
ONE Residential
269 Greenville Avenue Suite E
Johnston RI, 02919