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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

54 Main St New Canaan, CT 06840

1,500 SF
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a fully equipped, 3,158 sq ft restaurant in the heart of South Norwalk's vibrant SoNo district. The property boasts a prime location with high visibility and accessibility, benefiting from proximity to I-95 and Route 7. The 1,500 sq ft basement offers dedicated bakery and prep areas, perfect for a catering business or expansion. This turnkey operation is available for $475,000, offering a blank canvas for rebranding and creative transformation. The sale does not include the existing name and brand. The space is currently configured for a restaurant with ample indoor seating. South Norwalk is experiencing significant revitalization, with new residential, retail, and commercial developments, including the SoNo Collection and an expanding Marriott property. This presents a unique chance to capitalize on a thriving market and established customer base. The lease is NNN with a rate of $28 per square foot. The property is located at 54 S Main St, Norwalk, CT 06840. This is an asset sale.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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