194 East Avenue, Norwalk (East Norwalk), CT, 06855 | $1,900,000

Business + Real Estate | High-Volume Deli - Norwalk, CT. An exceptional opportunity to acquire a highly profitable, 52-year established deli with real estate in Norwalk. This turnkey operation is strategically positioned in a high-traffic corridor surrounded by schools, office parks, medical facilities, and dense residential neighborhoods-driving consistent customer flow and strong year-round demand. The layout is efficient and easy to operate, supported by a well-trained staff and established operating procedures already in place. The business is fully systemized, allowing a new owner to step in and operate immediately with minimal disruption. The current owner is fully committed to a smooth transition and will provide comprehensive training, hands-on support, and detailed standard operating procedures (SOPs) to ensure continuity and ongoing success. The real estate consists of approximately 4, 290 square feet in total, including the commercial deli space and two residential apartments, creating multiple income streams and strong long-term investment stability. This is a true turnkey opportunity-ideal for an owner-operator seeking immediate income or an investor looking for a stable, cash-flowing asset with long-term upside.

Features

  • Town: Norwalk
  • Current Use: Deli
  • Utilities: Electric,Gas,Phone Available
  • Heating: Hot Water
  • Cooling: Window Unit
  • Zoning: NB
  • Frontage: Municipal Street
  • Approx Sq. Feet: 4,290
  • Acreage: 0.23
  • MLS#: 24173481
  • Website: https://www.raveis.com
    /prop/24173481/194eastavenue_norwalk_ct?source=qrflyer
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Listing courtesy of Sam Galatas

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Gene RahillyInsurance Sales Director, William Raveis Insurance

917.494.9386

Gene.Rahilly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

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203.925.4590

For homebuyers and sellers, our Attorney Network:

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    requirements, sets up escrows and title insurance, coordinates closing documents
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194 East Avenue, Norwalk (East Norwalk), CT, 06855

$1,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,520,000 $1,520,000 $1,520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,512 $9,236 $12,724
Total Monthly Payment $8,637 $9,361 $12,849

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.