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Equipped Restaurant with Commercial Kitchen
New
For Sale
$75,000

115 New Canaan Avenue, Norwalk, CT 06850

Established restaurant setup with commercial cooking, refrigeration, preparation, storage, and dining equipment already in place.

Property Size1,980 SF
Price / SF$41.67
Days on Market7

Property Features for 115 New Canaan Avenue

General Information

Standard status Active
Size 1,980 SF
Property subtype Business Opportunity
Lease Term Space Is Leased

Additional Details

Furnished Yes
Business Included Yes
Highway Access Yes
Equipment Included Yes

Building Details

Building Size 1,980 SF
Year Built 1980
Listing Agency: Keller Williams Prestige Prop.
Listed By: Loretta Dillard
Source: Iverty
Added: Sep 8 Changed: Sep 13 Last Checked: Sep 13 at 9:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Prestige Prop.

Investment Insights

Based on property information with market context.

This offering consists of a restaurant business and equipment sale for an approximately 1,800-square-foot operation at 115 New Canaan Avenue in Norwalk. Built in 1980, the space includes a commercial kitchen configured with burners, ovens, refrigeration, freezers, a tandoor oven, industrial mixer, dough machine, steam table, three-compartment sink, preparation stations, shelving, and dry-storage racks. The sale also includes cookware, utensils, dining tables, chairs, and related restaurant furnishings.

The property is positioned near the New Canaan/Norwalk border with access to Route 7 and the Merritt. The existing configuration supports takeout, delivery, catering, or another food-service concept, subject to applicable requirements. This is a business and equipment transaction rather than a real estate sale.

Key Highlights

  • Business and equipment sale at 115 New Canaan Avenue, Norwalk, CT 06850
  • Approximately 1,800 SF restaurant operation built in 1980
  • Commercial kitchen with burners, ovens, refrigeration, freezers, and tandoor oven

Property Analytics

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Current Use

Erika’s Color Bar Nail Salon Instyle Nails and Blow ... Nail Salon US Post Office Post Office Glen's Variety Plus (Bike/Boat/Book/etc) Store Bonani Take Out ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Locksmith Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 73% Shops & Services 27%
Wendy's Dining
16,873 visits/mo 0.2 miles
Mobil Shops & Services
5,533 visits/mo 0.1 miles
Dunkin' Donuts Dining
3,692 visits/mo 0.0 miles
KeyBank Shops & Services
2,046 visits/mo 0.2 miles

Demographics for 06850, CT

20,801
Population
8,556
Households
2.4
Avg Household Size
39
Median Age
52%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
3,059
Density / Sq Mi
$121,910
Median Household Income
$60,036
Median Earnings
$2,283
Median Rent
$562,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant setup with commercial cooking, refrigeration, preparation, storage, and dining equipment already in place.
Where is this conventional restaurant located?
The property is located at 115 New Canaan Avenue Norwalk, CT.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Business and equipment sale at 115 New Canaan Avenue, Norwalk, CT 06850; Approximately 1,800 SF restaurant operation built in 1980; Commercial kitchen with burners, ovens, refrigeration, freezers, and tandoor oven
More about this property
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