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Property profile & analytics
OFF-MARKET Estimated value $845,000
Investment properties

117 New Canaan Ave Norwalk, CT 06850-2653

2,660 SF 0.14 ac lot Built 2000
Entity Owned 27-yr Hold ~ Est. High Equity
Property ID
US15-0622791
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2000
Construction FRAME
Total area 2,660 SF
Lot 0.14 ac (5,985 SF)
Zoning code NB
APN NORW M:5 B:51 L:12
UPID US15-0622791
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
Current use
Occupant on record · Public records
  • Front Row Kitchens Inc. Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$842k
Blend (final) Blend
$845k
Owner & transaction history
Upper Deck 98 LLC · 27 yrs held
Upper Deck 98 LLC
since 1998
5 recorded transactions
2025
Price N/A
2025
Price N/A
1998
$50,000
1995
$230,000
1988
$335,000
Zoning & alternative use
NB · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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