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Turnkey Restaurant in High-Traffic Area
For Sale
$750,000
Pending

84 Washington Street #84, Norwalk, CT 06854

Prime commercial investment opportunity in Norwalk, Connecticut.

Property Size5,088 SF
Days on Market294

Property Features for 84 Washington Street #84

General Information

Standard status Pending
Size 5,088 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,817

Amenities

Central air
Central Air Cooling
Hot Air Heating
Level Lot

Building Details

Year Built 1983
Listing Agency: RE/MAX Right Choice
Listed By: VALERIA ALVAREZ
Source: Corcoran
Added: Jan 4 Changed: Oct 25 Last Checked: Oct 24 at 6:02PM

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 RE/MAX Right Choice

Rey
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Investment Insights

Based on property information with market context.

This commercial property, located in SONO, presents an investment opportunity in a strategic location. The space is equipped with kitchen appliances that are 7 years old, providing a turnkey solution for a foodservice or restaurant operation. Situated in a high-traffic area, the property benefits from visibility and foot traffic, making it suitable for retail, dining, or service-oriented businesses. The property is located minutes from Norwalk's waterfront with access to I-95, and benefits from local demand and transportation links. There is street parking as well as a rear municipal parking lot. The property size is 5088 square feet.

Key Highlights

  • Turnkey restaurant opportunity with fully equipped kitchen.
  • High foot traffic location** in SONO (South Norwalk).
  • Prime commercial investment opportunity.

Property Analytics

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Current Use

Bandido Mexican Restaurant Restaurant

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

1,877
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
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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 - Prime commercial investment opportunity in Norwalk, Connecticut.
Where is this conventional restaurant located?
The property is located at 84 Washington Street #84 Norwalk, CT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity with **fully equipped kitchen**.; High foot traffic location** in SONO (South Norwalk).; Prime commercial investment opportunity.
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