Strawberry Hill Ave Norwalk, CT 06851

Property Details for Strawberry Hill Ave

Year built

1996

Property size

1,000 SF

Property type

Commercial real estate

Description

This thriving Norwalk pizza restaurant presents a fantastic investment opportunity. Located at a highly visible intersection, this 1,000 square foot establishment boasts significant street exposure, maximizing its potential for customer traffic. The property includes a finished basement offering ample storage space, a walk-in cooler, and freezers, enhancing operational efficiency. The restaurant currently operates as a takeout, dine-in, and delivery service (utilizing Uber Eats, Grubhub, and Slice), providing diverse revenue streams. The current menu offers significant potential for expansion and increased profitability. The owner is willing to include cooking equipment and some inventory as part of the sale. The business has a strong five-year track record and enjoys a positive reputation within the community. The property benefits from a very reasonable triple net lease (approximately $3,000 per month), keeping monthly expenses low. The restaurant features both indoor and outdoor seating areas. All mechanical systems and appliances are well-maintained. The building is well-insulated, with central air and natural gas, contributing to low utility costs. The surrounding area includes nearby retail and office spaces, along with excellent schools and neighbors. With a gross annual income exceeding $300,000, this turnkey operation offers immediate returns and significant upside potential for a new owner. The asking price is $80,000.