Built-Out Conventional
For Sale
$550,000
508 Old Toll Road, Madison, CT 06443
Business For Sale, Madison, CT
Property SizeContact for details
Days on Market127
Property Features for 508 Old Toll Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Off I-95 follow highway 79 north to route 80. Take first exit on to Old Toll Rd, route 80. First entrance on the right.
Standard status
Active
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Listing Agency:
Houlihan Lawrence WD
(203) 787-7800
Listed By:
Casey Fisher · License #RES.0830484
(970) 209-0781
Added: Apr 25
Changed: Aug 27
Last Checked: Aug 29 at 4:06AM
MLS# 24170118
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 established restaurant business includes a fully built-out dining facility with an equipped commercial kitchen and an existing dining-area layout. The operation is offered with a lease in place, providing a defined occupancy arrangement for the next operator.
The property is located at 508 Old Toll Road in Madison, Connecticut, within New Haven County. Building systems include central air conditioning, while water service is provided by the public system and wastewater is connected to public sewer.
The offering includes the operating restaurant business and its existing physical infrastructure, including kitchen equipment and the configured dining area.
The property is located at 508 Old Toll Road in Madison, Connecticut, within New Haven County. Building systems include central air conditioning, while water service is provided by the public system and wastewater is connected to public sewer.
The offering includes the operating restaurant business and its existing physical infrastructure, including kitchen equipment and the configured dining area.
Key Highlights
- Established restaurant business at 508 Old Toll Road, Madison, CT 06443
- Fully built‑out restaurant space with an equipped commercial kitchen
- Dining area with an established layout
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 06443, CT
17,713
Population
8,020
Households
2.2
Avg Household Size
51
Median Age
72%
College-Educated
99%
High-School Grad
36.2 sq mi
ZIP Area
489
Density / Sq Mi
$168,341
Median Household Income
$75,313
Median Earnings
$2,046
Median Rent
$534,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant business with an equipped commercial kitchen, dining area, active lease, and public utilities.
Where is this conventional restaurant located?
The property is located at 508 Old Toll Road Madison, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Established restaurant business at 508 Old Toll Road, Madison, CT 06443; Fully built‑out restaurant space with an equipped commercial kitchen; Dining area with an established layout
