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    117 New Canaan Ave Norwalk, CT 06850

    • Investment properties
    • 2,660 SF
    • 0.14 lot acres
    For Sale
    View listing
    $1,475,000
    Value Estimation
    Location Intelligence
    Property ID
    US15-0622791
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Front Row Kitchens Inc. / Kitchen Remodeler / Kitchen Supply Store

    Property Details for 117 New Canaan Ave

    Year built
    2000
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    2,660 SF
    Zone code
    NB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NORW M:5 B:51 L:12
    APU
    NORWM5B51L12

    Description

    This exceptional commercial property at 117 New Canaan Avenue in Norwalk, CT, presents a rare investment opportunity. The 2,765 square foot building boasts a thriving, well-established kitchen remodeling business with high gross sales and name-brand recognition. The immaculate building features a striking stone facade and offers a versatile layout ideal for continued business operation and rental income. A spacious 1,400 square foot kitchen showroom, complete with office and bathroom, forms the heart of the business. Adding to the income potential are two attractive 700 square foot, one-bedroom apartments, each renting for $1,900 per month. These apartments include contemporary kitchens with full appliances, hardwood floors, and in-unit laundry. The property also includes nine paved parking spaces, a garage, and a private outdoor patio area. A substantial 1,400 square foot dry basement, in excellent condition, provides ample storage space. All mechanical systems are in great working order. This prime location in the busy Broad River section of Norwalk benefits from high traffic volume and convenient access to major roadways. The Merritt Parkway is just 1.3 miles away, and the Route 7 Connector is a mere 0.5 mile distant. The property's location on Route 123 provides easy access to New Canaan, only 10 minutes away. Owner financing is available, making this an even more compelling opportunity for the discerning investor. The 0.14-acre lot provides ample space for the building and its associated amenities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4348
    Latitude
    41.1276
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,166
    $282,090
    $241,170
    $523,260
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation by Request
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      83 Wall St

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      33 Merwin St

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    • Value Estimation
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      122 Norwalk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,542 SF
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      View Details

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    117 New Canaan Ave
    Norwalk, CT 06850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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