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Turn-Key Restaurant in Norwalk, CT
For Sale
$199,900

21 North Main St, Norwalk, CT 06854

Well-established restaurant for sale in a prime Norwalk location.

Property SizeContact for details
Days on Market195

Property Features for 21 North Main St

General Information

Standard status Active
Property subtype Business Opportunity
Listing Agency: Whitestone Real Estate Group
Listed By: Christopher Cruz
Source: Homesbyshoshana
Added: Apr 20 Changed: Oct 25 Last Checked: Oct 30 at 6:13PM

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 Whitestone Real Estate Group

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Investment Insights

Based on property information with market context.

El Rancho, a well-established restaurant in Norwalk, CT, is available for purchase. This fully operational business is situated in a prime location with high visibility and steady foot traffic. The restaurant features a fully equipped kitchen with professional appliances. The dining area offers authentic charm and flexible seating. The business has a strong reputation and a loyal customer base. This turn-key operation allows for immediate earnings. The property is suitable for various concepts, including Latin cuisine, fusion, bar & grill, or cafe. Norwalk's growth and diverse dining scene offer unmatched potential to expand, rebrand, or continue the success of El Rancho.

Key Highlights

  • Turn‑key restaurant operation, allowing for immediate revenue generation.
  • Prime location in Norwalk, CT, with high visibility and foot traffic.
  • Fully equipped kitchen with professional appliances included.**

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

El Rancho Restaurant ... Restaurant South Norwalk Tower ... Corporate Office Quechua Corporate Office

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Florist Pet Store Pet Store & Service Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

1,885
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06854, CT

29,931
Population
12,246
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
6,236
Density / Sq Mi
$86,399
Median Household Income
$42,868
Median Earnings
$1,898
Median Rent
$453,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Well-established restaurant for sale in a prime Norwalk location.
Where is this conventional restaurant located?
The property is located at 21 North Main St Norwalk, CT.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Turn‑key restaurant operation, allowing for immediate revenue generation.; Prime location in Norwalk, CT, with **high visibility and foot traffic.**; Fully equipped kitchen with professional appliances included.**
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