MLS# 73312758 – 364 School St, Putnam, CT 06260

$350,000 - 3Br/2Ba - for Sale in Putnam
Price: $350,000
Beds: 3
Baths: 2
Living Area SqFt: 2,064
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.17
Lot Size SqFt: 7,405
Year Built: 1960
Days on Website: 10

Courtesy of Northeast Realty, Dennis J. Duga.

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.

Open House

Property Details and Features

  • Property Access
  • Road Frontage Type: “Public”
  • Road Surface Type: “Paved”
  • Appliances & Equipment
  • Appliances: “Water Heater”
  • Basement
  • Basement: “Full”, “Walk-Out Access”
  • Bathrooms
  • 2 full bathrooms
  • 2 total bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 3 bedrooms
  • Building
  • Building Area Total: 2064
  • Building Area Units: Square Feet
  • Construction Materials: “Frame”
  • Living Area: 2064
  • Year Built Source: Public Records
  • Year Built: 1960
  • Community
  • Community Features: “Shopping”, “Park”, “Golf”, “Medical Facility”, “Highway Access”, “Private School”, “Public School”, “University”
  • Cooling
  • Cooling: “Window Unit(s)”
  • Cooling Included
  • Exterior Features
  • Exterior Features: “Porch”, “Deck – Wood”
  • Patio And Porch Features: “Porch”, “Deck – Wood”
  • Fireplaces
  • Fireplace Included
  • Foundation
  • Foundation Details: “Concrete Perimeter”, “Block”
  • Garage
  • 1 garage space
  • Attached Garage
  • Garage Included
  • Heating
  • Heating: “Baseboard”, “Oil”
  • Heating Included
  • Lot
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Square Feet: 7405
  • Lot Size Units: Acres
  • Parking
  • Parking Features: “Under”, “Paved Drive”, “Off Street”
  • Parking Total: 12
  • 1 covered space
  • Open Parking
  • Property
  • Property Sub Type: Single Family Residence
  • Waterfront Features: “Beach Front”, “Lake/Pond”, “Beach Ownership(Public)”
  • Zoning: HC
  • Roof
  • Roof: “Shingle”
  • Sewer
  • Sewer: “Public Sewer”
  • Taxes
  • Tax Annual Amount: 3567
  • Tax Year: 2024
  • Utilities
  • Water Source: “Public”

Property Map

$350,000 – 364 School St, Putnam, CT 06260

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