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$1,900,000
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Property Description
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.
Full Property Details
Full Property Details for 194 East Ave
General
- Price: $1,900,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24173274
- Updated: 5/7/2026
- Added to Site: 19 day(s) ago
Business
- Business Included: Yes
Location
- County: Fairfield
- Neighborhood: East Norwalk
- Driving Directions: GPS Friendly
Community
- Community Name: East Norwalk
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Hot Water, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Telephone, Cable
Structural Information
- Roof: Asphalt Shingle, Tar/Gravel
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 4,290
- Sq. Ft. Source: Public Records
- Living Area: 2,613 Sq. Ft.
- Current Bldg. Use: Deli + 2 Apartments
- Retail: 1,677 Sq. Ft.
- Year Built: 1860
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Acres): 0.23
- Frontage: Municipal Street
- Present Use: Deli + 2 Apartments
- Zoning: NB
- Lot Description: Corner Lot, Dry, Level Lot
Financial Considerations
- Assessment Amount: $849,150
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Property ID: 235478
Listed by Sam Galatas, Sam Galatas
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Schools
Schools serving 194 East Ave
School District:Norwalk School District
| Name | Grades | Distance |
|---|---|---|
Marvin Elementary School 15 Calf Pasture Beach Road, Norwalk, CT 06855 | K-5 | 1.1 mi |
Nathan Hale Middle School 176 Strawberry Hill Avenue, Norwalk, CT 06851 | 6-8 | 0.9 mi |
Norwalk High School 23 Calvin Murphy Drive, Norwalk, CT 06851 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 194 East Ave
Date
Details
Price
Change
Source
5/05/2026
Listed
$1,900,000
216.67%
MLS
6/26/2024
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 194 East Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,295
2%
$849,150
—
2023
$19,993
91%
$849,150
104%
2023
$10,463
2%
$417,100
—
2022
$10,238
-20%
$417,100
—
2021
$12,833
28%
$417,100
—
2020
$9,992
-30%
$417,100
-32%
2019
$14,350
32%
$615,470
51%
2018
$10,865
4%
$408,370
—
2017
$10,488
30%
$408,370
28%
2016
$8,098
—
$318,320
—
2015
$8,076
-21%
$318,320
-22%
2014
$10,226
2%
$408,370
-9%
2013
$9,982
—
$450,870
—
2011
$9,982
—
$450,870
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 194 East Ave
194 East Avenue, Norwalk, CT 06855 (MLS# 24173274) is a Commercial property. 194 East Avenue is currently listed for $1,900,000 and was received on May 05, 2026. Want to learn more about 194 East Avenue? Do you have questions about finding other Commercial real estate for sale in East Norwalk? You can browse all East Norwalk real estate or contact a Coldwell Banker agent to request more information.

