Maaaaaybe.

Whaddya think?

 

Clearly there is an M and a W.  But why?  What's up with this?

 

All the other discoloration suggests there was a wall there before Scotti's.  But then, Scotti's has been there for more than 100 years.  Did they have a taller building, but shrink it down?  The cinderblock front seem out of character with neighboring structures. 

 

And if the MW were part of a sign, where's the rest of it?  Why do only those two letters remain?

So many questions.