About 508 Old Toll Road
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
Features of 508 Old Toll Road
| MLS® # | 24170118 |
|---|---|
| Price | $550,000 |
| Type | Business For Sale |
| Status | Active |
Community Information
| Address | 508 Old Toll Road |
|---|---|
| Area | N/A |
| City | Madison |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06443 |
Amenities
| Utilities | Electric, Gas |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Hot Air, Gas In Street |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Additional Information
| Date Listed | April 25th, 2026 |
|---|---|
| Days on Market | 137 |
| RE / Bank Owned | No |
Listing Details
| Office | Houlihan Lawrence WD |
|---|
