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Turnkey Pizzeria with Real Estate
For Sale
$875,000
Pending

264 Shore Road, Old Lyme, CT 06371

Turnkey pizzeria includes a commercial kitchen and dine-in/takeout dining area, with real estate included.

Property Size3,902 SF
Days on Market126

Property Features for 264 Shore Road

General Information

Standard status Pending
Size 3,902 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 1940
Listing Agency: Lock and Key Realty
Listed By: Jordan Healy
Source: Lockandkeyre
Added: May 4 Changed: Aug 8 Last Checked: Jul 23 at 5:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lock and Key Realty

Investment Insights

Based on property information with market context.

Turnkey pizzeria for sale with real estate included, established for approximately 45 years. The property is described as fully operational and features a well-maintained commercial kitchen with an efficient layout and ample prep space designed to support day-to-day food preparation. A dedicated dining area supports both dine-in and takeout service.

Located at 264 Shore Road in Old Lyme, CT, the business benefits from easy access and strong visibility, along with long-standing presence in the local market. Public remarks also note steady year-round traffic and an increase during peak tourism seasons.

The offering is presented as suitable for an experienced operator or an entrepreneur seeking a proven concept, with the current owner committed to a smooth transition, including training, hands-on support, and detailed SOPs.

Key Highlights

  • Year built 1940 with real estate included in this Old Lyme pizzeria offering
  • Turnkey pizzeria includes a commercial kitchen with an efficient layout and ample prep space
  • Dining area supports both dine‑in and takeout service

Property Analytics

Current Use

Teddy's Old Lyme ... Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Building Supply Auto Repair Shop Big Box & Wholesale Store

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

98
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
3,596 visits/mo 0.1 miles

Demographics for 06371, CT

9,840
Population
5,503
Households
1.8
Avg Household Size
53
Median Age
56%
College-Educated
98%
High-School Grad
54.0 sq mi
ZIP Area
182
Density / Sq Mi
$127,429
Median Household Income
$60,139
Median Earnings
$1,891
Median Rent
$468,200
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey pizzeria includes a commercial kitchen and dine-in/takeout dining area, with real estate included.
Where is this conventional restaurant located?
The property is located at 264 Shore Road Old Lyme, CT.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Year built 1940 with real estate included in this Old Lyme pizzeria offering; Turnkey pizzeria includes a commercial kitchen with an efficient layout and ample prep space; Dining area supports both dine‑in and takeout service
More about this property
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