# 508 Old Toll Road, Madison, CT 06443 > **TL;DR:** commercial, $550,000. > A/C. Est. $2,941/mo. Listed 163 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $550,000 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 163 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,781 | | Estimated Insurance | $160 | | **Total** | **$2,941** | ## Key Amenities - A/C ## Description ### Agent Description 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 ## Location - **Address:** 508 Old Toll Road, Madison, CT 06443 - **County:** New Haven ## Listing Agent - **Name:** Casey Fisher - **Brokerage:** Wareck D'Ostilio Real Estate LLC - **Phone:** 9702090781 - **Broker Phone:** (203) 787-7800 ## Photos ![508 Old Toll Road - Photo 1](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f754433786r.jpg) ![508 Old Toll Road - Photo 2](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f4269813534r.jpg) ![508 Old Toll Road - Photo 3](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f114923628r.jpg) ![508 Old Toll Road - Photo 4](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f3996136866r.jpg) ![508 Old Toll Road - Photo 5](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f2372504079r.jpg) ![508 Old Toll Road - Photo 6](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f3748077587r.jpg) ![508 Old Toll Road - Photo 7](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f3540890035r.jpg) ![508 Old Toll Road - Photo 8](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f2018916579r.jpg) ![508 Old Toll Road - Photo 9](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f3468962137r.jpg) ![508 Old Toll Road - Photo 10](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f3533563603r.jpg) ![508 Old Toll Road - Photo 11](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f3588233865r.jpg) ![508 Old Toll Road - Photo 12](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f3718043685r.jpg) ![508 Old Toll Road - Photo 13](http://lh.rdcpix.com/6e7e20b64aa23e0fdbd9273b9517a5a3l-f2775978522r.jpg) --- **MLS#:** 24170118 | **Updated:** 2026-09-27 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/508-old-toll-road-madison-ct-06443-24170118) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/508-old-toll-road-madison-ct-06443-24170118#listing", "url": "https://www.propertysimple.ai/listing/508-old-toll-road-madison-ct-06443-24170118", "name": "508 Old Toll Road, Madison, CT 06443", "description": "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. 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