Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

364 School St

Putnam, CT ID #73312758

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364 School St

- Putnam, CT ID #73312758

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Single Family, Single Family Residence
  • Zip Code: 06260
  • Taxes: 3,567
  • Acres: 0.17

Parking

  • Garage: 1
  • Garage Capacity: 1
  • Parking: Under, Paved Drive, Off Street
  • Parking Spaces: 12

Rooms/Dimensions

  • Total Rooms: 6

Location

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364 School St, Putnam, CT

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Dennis J. Duga of Northeast Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.