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    28 Chestnut St Norwalk, CT 06854

    Sponsored
    For Sale
    Pending
    $949,000

    Commercial For Sale - Norwalk, CT

    Property size:
    3,449 SF
    Lot size:
    0.12 Acres
    Days on Market:
    230
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 28 Chestnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    D
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    6
    APN
    234199
    Size
    3,449 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1957
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    U.S. Asset Realty, LLC (800) 913-1936 [email protected]

    Listing agent J Shaheer (800) 913-1936

    Listing date May 21, 2025

    MLS# 24079629 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Norwalk Multifamily Near SONO Train

    This is a five-unit multifamily property consisting of a three-family and a two-family building on a single lot. The property is located a one-minute walk from the SONO Train Station and a ten-minute walk to the heart of SONO. The property is located in Norwalk, CT, and has a lot size of 0.12 acres. The property size is 3449 square feet. The zoning is D. The property is located in an opportunity zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Opportunity zone commercial ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4198592
    Latitude
    41.0944359

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    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property near SONO Train Station in Norwalk, CT.
    Where is this apartment building located?
    The property is located at 28 Chestnut St Norwalk, CT.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: - Opportunity Zoned property with potential for development.; - Rare 5-unit multi-family property (3-family and 2-family) on a single lot.; - **Prime location: 1-minute walk to SONO Train Station.**
    (800) 913-1936
    Request Owner's contact information
    28 Chestnut St Norwalk, CT 06854
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    Norwalk, CT 06854
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 Chestnut St Norwalk, CT 06854
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