NOMADEReal Estate

$550,000

Active

508 Old Toll Road

Madison, Connecticut, 06443 · New Haven County

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Sq Ft

MLS # 24170118

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Property Type

Business For Sale

Class

Property

About This Property

Overview Turnkey opportunity to acquire a well-established restaurant business in the desirable shoreline town of Madison, Connecticut. The James Madison House Restaurant benefits from strong local recognition, consistent year-round traffic, and proximity to the town center and coastal attractions. This is an ideal opportunity for an owner-operator or experienced restaurateur to step into an existing operation with immediate income potential and upside. Key Highlights Established restaurant with loyal customer base Prime shoreline location in high-income demographic Turnkey operation with existing kitchen and infrastructure Consistent year-round business with seasonal upside Located within an active commercial setting Opportunity to rebrand or enhance concept Facility Fully built-out restaurant space Equipped commercial kitchen Dining area with established layout Lease in place Growth & Expansion Opportunities Extend operating hours / add service days Introduce new menu concepts or bar program Increase marketing and digital presence Expand catering / private events

Property Details

508 Old Toll Road, Madison Connecticut 06443 — Business For Sale listed at $550,000.

At a Glance

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The Details

Property TypeBusiness For Sale
NeighborhoodNew Haven
Address508 Old Toll Road
MLS Number24170118
Water SourcePublic Water Connected

Property Details

Property Features

Cooling SystemCentral Air
Heat Fuel TypeGas In Street
Heat TypeHot Air

Location & Community

DirectionsOff I-95 follow highway 79 north to route 80. Take first exit on to Old Toll Rd, route 80. First entrance on the right.
LocationSuburban
NeighborhoodN/A

Availability & Terms

Occupied ByTenant
Possession AvailabilityNegotiable

All Photos (13)

Affordability Calculator

$550,000

Down Payment$110,000
Loan Amount$440,000
Principal & Interest$2,781/mo
Property Tax$550/mo
Insurance$100/mo
Est. Monthly$3,431/mo

Listing Agent

C

Casey Fisher

Houlihan Lawrence WD

Contact Casey Fisher

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Quick Facts

StatusActive
TypeBusiness For Sale
ClassProperty
MLS #24170118
Last Updated2026-04-26
508 Old Toll Road — $550,000 | Nomade Real Estate