364 School StreetPutnam, CT 06260Price: $350,000

  • Price: $350,000
  • Est. Mortgage of $/month
  • 19 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Nov 27, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $350,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 0.17Acreage
  • 2,064Square Feet
Listed by Dennis J. Duga of Northeast Realty
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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.

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