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Equipped Conventional Restaurant Business
For Sale
Under Contract
$75,000

115 New Canaan Avenue, Norwalk, CT 06850

Business For Sale, Norwalk, CT

Property Size1,800 SF
Lot Size0.56 Acres
Price / SF$41.67
Days on Market51

Property Features for 115 New Canaan Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning NB
Security features Security System
Interior features Fire Suppression System,Security System
Lot features Level Lot
Directions Close to the Merrit/ Route 7
Subdivision Broad River
Standard status Active Under Contract
Size 1,800 SF
Lot size 0.56 Acres

Additional Details

Business Included Yes

Taxes and HOA fees

Tax Year 2026

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s), Wall Unit(s)
Water source Public

Building Details

Year built 1980
Flooring type Tile
Listing Agency: Keller Williams Prestige Prop. · Keller Williams Realty
Listed By: Loretta Dillard
Added: Sep 10 Changed: Oct 25 Last Checked: Oct 30 at 8:06AM
MLS# 24204511

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.

Rey
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Investment Insights

Based on property information with market context.

This conventional restaurant business and equipment sale includes an approximately 1,800-square-foot space configured for food-service operations. The kitchen contains commercial burners and ovens, refrigeration and freezer equipment, a tandoor oven, industrial mixer, dough machine, steam table, three-compartment sink, preparation stations, shelving, dry storage racks, cookware, utensils, dining tables, and chairs. Fire suppression and security systems are also in place.

The property is located at 115 New Canaan Avenue in Norwalk, near the New Canaan border, with access to Route 7 and the Merritt. The setup supports takeout, delivery, catering, or another food-service concept. The property was built in 1980 and has tile flooring, natural-gas heating, window and wall-mounted cooling units, public water, and public sewer. Zoning is NB.

Key Highlights

  • Business and equipment sale for a conventional restaurant operation
  • Approximately 1,800 square feet with an established food‑service layout
  • Commercial kitchen includes burners, ovens, refrigeration, tandoor oven, mixer, dough machine, and steam table

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

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Business and equipment sale featuring an operational kitchen configured for takeout, delivery, catering, or another food-service concept.
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 for a conventional restaurant operation; Approximately 1,800 square feet with an established food‑service layout; Commercial kitchen includes burners, ovens, refrigeration, tandoor oven, mixer, dough machine, and steam table
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