The ambiance is inviting, with plush seating arrangements and intimate table settings that exude an air of understated luxury. As you enter Jessica Tuesday's you are greeted by the gentle glow of vintage chandeliers casting a warm light over theexposed brick walls adorned with antique artwork and memorabilia, evoking a sense of nostalgia for bygone eras. Nestled within the heart of downtown Putnam's culinary hub and charming antique district lies a hidden gem of culinary sophistication and timeless elegance: Step through the entrance into a world where historic charm meets refined dining. Listed by Benjamin Carbone of Byrnes Real Estate Company With rental increases pro forma NOI will be $113,000 at a cap rate of 10.3%. Current NOI is nearly $93,000 at a cap rate of 8.37%. 213-215 Providence St presents an extremely strong rent roll at purchase. Both structure and units are in great condition with 6 of 8 being fully renovated.

The building has been well maintained and managed with a two new roofs in 22', new decks/staircases and updated/well maintained mechanicals. The unit breakdown is as follows 2 - three bed/one bath units, 3 - two bed/one bath unit and 3 - one bed/one bath units. The property features two separate buildings one housing 6 units and the other 2 units along with an assigned parking lot. Presenting this turnkey 8 unit income producing asset located in beautiful Putnam, CT. Listed by Anthony Chabot of Chabot & Associates Real Estate Schedule a viewing today and let your imagination take flight! Don't miss this chance to be a part of revitalizing Downtown Putnam and creating a vibrant community hub. Environmental engineers will play a crucial role, conducting thorough Phase I and Phase II environmental site assessments to ensure full understanding of current conditions and any necessary remediation requirements. Architects and engineers will have the opportunity to shape the vision of this project, crafting innovative designs that seamlessly blend historic character with contemporary comfort. Unlock the possibilities of transforming this landmark into modern, urban living spaces while preserving its rich heritage. Currently zoned Industrial, this versatile property offers immense potential for conversion into residential spaces, bringing new life into its storied walls. This property is perfectly situated near a myriad of attractions including the Putnam River Trail, Airline Trail, Cargill Falls, Rotary Park, charming eateries, boutique shops, and even a delightful mini-golf and ice-cream shop. The mill consists of approximately 45,000 sqft of space. Welcome Mill Developers! Opportunity awaits with this historic brick mill building nestled in the heart of Downtown Putnam, CT.

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