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Equipped Conventional Restaurant
For Sale
$150,000

1340 E Putnam Avenue, Greenwich, CT 06878

Business For Sale, Greenwich, CT

Property SizeContact for details
Days on Market92

Property Features for 1340 E Putnam Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking 20
Directions Located in a well-established Greenwich neighborhood shopping center with ample parking and easy access.
Subdivision Cos Cob
Standard status Active

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Listing Agency: BHGRE Shore & Country
Listed By: Mei Ling Cheung · License #RES.0800750
Added: Jun 6 Changed: Aug 30 Last Checked: Sep 5 at 10:06AM
MLS# 24181510

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This conventional restaurant property includes a fully equipped commercial kitchen, walk-in cooler, dining area, and storage space. Existing infrastructure supports dine-in service, take-out operations, and third-party delivery, allowing the restaurant layout and back-of-house improvements to serve several established formats.

The property is situated within a neighborhood shopping center at 1340 E Putnam Avenue in Greenwich, CT 06878. Abundant parking is available, with surrounding residential neighborhoods and local businesses contributing to the established commercial setting. Building systems include natural gas heating, central air conditioning, and public water service.

Key Highlights

  • Fully equipped commercial kitchen with walk‑in cooler
  • Dining area and storage space included
  • Existing infrastructure supports dine‑in, take‑out, and third‑party delivery

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Parking Lot & Garage Auto Parts Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

908
Businesses Nearby
214k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Dining 42% Office Supplies 6% Shops & Services 6%
ShopRite Groceries
70,813 visits/mo 0.5 miles
McDonald's Dining
38,259 visits/mo 0.4 miles
ACME Markets Groceries
24,019 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
15,551 visits/mo 0.3 miles
Staples Office Supplies
13,131 visits/mo 0.2 miles

Demographics for 06878, CT

8,519
Population
2,824
Households
3
Avg Household Size
41
Median Age
79%
College-Educated
98%
High-School Grad
2.4 sq mi
ZIP Area
3,550
Density / Sq Mi
$250,001
Median Household Income
$104,507
Median Earnings
$2,367
Median Rent
$1,899,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space includes kitchen equipment, dining, storage, and support for multiple service formats.
Where is this conventional restaurant located?
The property is located at 1340 E Putnam Avenue Greenwich, CT.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Fully equipped commercial kitchen with walk‑in cooler; Dining area and storage space included; Existing infrastructure supports dine‑in, take‑out, and third‑party delivery
More about this property
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