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354 School St, Putnam, CT

Putnam Single Family    (login for more details)

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Unit Information

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: NEW
Type: Single Family, Single Family Residence
Zip Code: 06260
Parking
Garage: 1
Garage Capacity: 1
Parking: Under, Paved Drive, Off Street
Parking Spaces: 12
Rooms and Dimensions
Total Rooms: 6
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$350,000

  • Status: New
  • Listing ID: 73312758
  • Bedrooms: 3
  • Full Baths: 2
  • Living Area: 2,064 sqft Convert
  • Lot Size: 7,405 sqft Convert
  • Acres: 0.17

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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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.

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