$350,000 ($169.57 per sqft)

Est. Mortgage $1,861/mo *

Quick Pre-Approval

364 School St, Putnam, CT, 06260

364 School St, Putnam, CT, 06260

6 rooms

3 beds

2 Full baths

1960

Cape

2,064 sqft

Originally a 4 Br 2 bath a house, thanks to location for 25 years this has been a mixed commercial & residential use; a successful pizza shop with apartment upstairs. Start up & take over turnkey a going concern that pays the bills while working from home, or rent both units as an investor, or possibly change use. All real estate and business fixtures/equipment included. Plenty of parking & drive under garage door for loading. Present 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 prior year. In business 30 years, 25 at this location. Lease with option or closing at a future date 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". 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.


Status:

Active

Type:

Single-family residential

Zoning:

HC

Garage:

1-car Attached

Heating:

Baseboard, Oil

Cooling:

Window Unit(s)

Basement:

Full, Walk-Out Access

Parking:

12-car, Under, Paved Drive, Off Street

Acreage:

0.17

Est. Taxes:

$3,567

Assessment

$150,900

Construction

Frame

Amenities:

Shopping, Park, Golf, Medical Facility, Highway Access, Private School, Public School, University

Appliances:

Water Heater

MLS #:

73312758

Facilitator Compensation:

1%

Compensation Based On:

Gross/Full Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Dennis J. Duga, Northeast Realty