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    1 Main Ave Norwalk, CT 06850

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    For Sale
    $200,000

    Turnkey restaurant for sale, operating for over 40 years.

    Property Features for 1 Main Ave

    General Information

    Standard status
    Active

    Source: DVB Commercial Realty LLC Agent JOHN ZERVOS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Opportunity

    A restaurant opportunity is available, having served the community for over 40 years. Currently operating as an Indian restaurant, the fully equipped space is adaptable to any type of cuisine or food concept. The dining area seats 18 comfortably. The restaurant is open six days a week, from 12 PM to 9 PM. It has a strong local following and a long-standing reputation. This could be suitable for owner-operators or first-time restaurateurs.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Italian Corner Deli, Alchemy Custom Celebrations & Cuisine

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4238718
    Latitude
    41.1304666

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant for sale, operating for over 40 years.
    Where is this restaurant located?
    The property is located at 1 Main Ave Norwalk, CT.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Established restaurant with 40+ years of operation.; - Turnkey operation: **fully equipped and ready for new owner.**; - Adaptable space suitable for various cuisines.
    Request Owner's contact information
    1 Main Ave Norwalk, CT 06850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Main Ave Norwalk, CT 06850
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