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Presented by![]() Carrie Lademan |
**Turnkey Restaurant Opportunity** Commercial Condominium "For Sale" at $1, 350, 000 or "For Lease" at $9, 800/month NNN. This fully equipped turnkey restaurant is located in a highly affluent area on the Norwalk-Wilton town line. Less than 1 mile from Merritt 7, the largest office complex in Norwalk, CT. **This is not a business sale** This commercial condominium is located on busy Rt. 7 (Main Avenue) with over 34, 300 vehicle passing by this property each day. Take advantage of this immediate opportunity to buy or lease in this established retail strip center with many nearby retailers and offices including Walmart, LA Fitness, TJ Maxx, Starbucks, and CVS. Known as "Town Line Center", this location includes highly visible pylon signage along a busy state road and has abundant onsite parking for staff and customers. Sale or Lease includes all restaurant furnishings with a fully equipped kitchen. This location includes 3, 519 sf of beautifully finished restaurant space on the ground level plus an additional fully built out 2898 sf on the lower level. Included in the sale/lease is a full kitchen (see Documents for full list of items). Items include an under-counter refrigerator, a bar sink station, a beverage refrigerator, a commercial refrigerator, a sushi bar prep station with display case, stainless steel sinks, a commercial dishwasher and dishwashing station, an ice machine, a bar station & refrigeration unit, a salad/sandwich prep table, a commercial gas grill and cooktop, a commercial gas range with oven, a chest freezer, multiple stainless steel undercounter refrigerators, a wok range station, a Garland double gas range with broiler, a deep fryer, a single gas burner, a workstation with refrigerated base, a commercial rice cooker, a stainless steel work table, an automatic grease trap, and a walk-in freezer with refrigeration compressor.
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$1,350,000
Senior Regional Vice President, Southwest Florida
William Raveis Real Estate
Phone: 239.450.9099
Carrie.Lademan@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $1,495 | $1,495 | $1,495 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,964 | $6,562 | $9,041 |
Total Monthly Payment | $7,584 | $8,182 | $10,661 |
* 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.