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Investment Highlights

  • Price reduction!
  • Off-street parking
  • Infrastructure in place for another food use
  • Close proximity to major highways

Executive Summary

Discover a rare opportunity to carry on a culinary legacy at one of Norwalk’s established dining locations. This highly visible, centrally located restaurant has been home to a beloved neighborhood eatery since 1997. With nearly three decades of continuous operation, this location has built a strong reputation and loyal following in the local community and beyond. The space is fully equipped, warmly styled, and well-maintained, making it ideal for an experienced restaurateur or visionary operator seeking a new location in a proven market. This property is well kept has off-street parking and an exterior patio.
Exceptional location in a high-traffic corridor of Lower Fairfield County, ideal for both local patronage and destination dining. Situated just off a major thoroughfare, the site provides seamless access to key commuter routes, including I-95, the Merritt Parkway (Route 15), and Route 7, placing it within minutes of some of Connecticut’s most desirable towns and cities. With a central position between Stamford, Norwalk, Westport, and Wilton, this location benefits from a broad customer base spanning affluent residential neighborhoods and dynamic commercial centers. The area boasts strong demographics, high traffic counts, and close proximity to commuter rail stations, making it easily accessible for all.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,944 SF
Building Class
C
Year Built/Renovated
1960/2020
Price
$1,495,000
Price Per SF
$769.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
B2 - designed to accommodate neighborhood business and commercial uses along arterial streets, especially in areas near low-density residential zones

Amenities

  • 24 Hour Access
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Pasquale's Osteria
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Pasquale's Osteria Accommodation and Food Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,944 SF
  • Restaurant
  • -
  • 30 Days

Opportunity to breathe fresh life into an established Italian staple in Norwalk or introduce a new restaurant concept to this freestanding location at 186 Main Street. The space comes equipped with existing restaurant infrastructure including a full kitchen, hood system, grease trap, bar area, dining room, and outdoor patio, providing a strong foundation for a variety of food and beverage concepts. The business is currently operating. Please do not approach the establishment or its staff. All tours must be scheduled directly through the listing broker.

Space Size Space Use Position Available
1st Floor 1,944 SF Restaurant - 30 Days

1st Floor

Size
1,944 SF
Space Use
Restaurant
Position
-
Available
30 Days

1st Floor

Size 1,944 SF
Space Use Restaurant
Position -
Available 30 Days

Opportunity to breathe fresh life into an established Italian staple in Norwalk or introduce a new restaurant concept to this freestanding location at 186 Main Street. The space comes equipped with existing restaurant infrastructure including a full kitchen, hood system, grease trap, bar area, dining room, and outdoor patio, providing a strong foundation for a variety of food and beverage concepts. The business is currently operating. Please do not approach the establishment or its staff. All tours must be scheduled directly through the listing broker.

Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Duchess Restaurant
Orangetheory Fitness
Bank of America
Bubbakoo's Burritos
Goldfish Swim School
KeyBank
Td Bank
Key Food
Stop & Shop
Fairfield County Bank

Property Taxes

Property Taxes

Parcel Number
NORW-000001-000101-000030
Land Assessment
$343,900
Improvements Assessment
$131,010
Total Assessment
$474,910
  • Listing ID: 38054037

  • Date on Market: 10/13/2025

  • Last Updated:

  • Address: 186 Main St, Norwalk, CT 06851

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