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    24 Belden Ave Norwalk, CT 06850

    Sponsored
    For Sale
    $9,500,000

    1.43-acre lot, 47,500 SF office space

    Property size:
    47,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 47,500 square foot office building presents a unique opportunity for ownership in the revitalizing Belden Avenue area of Norwalk, Connecticut. Situated on a generous 1.43-acre lot, this property offers significant potential for a discerning buyer. The sale excludes the ground floor retail space, with the exception of the lobby and hallway providing access to elevators and stairs. This allows for a focused acquisition of prime office space, ideal for a company seeking a prominent presence in a rapidly improving neighborhood. The current owner is open to discussing build-out options to customize the space to meet specific tenant requirements, demonstrating a commitment to facilitating a smooth transition for the new owner. Furthermore, seller financing is being considered for qualified buyers, making this an attractive investment opportunity with flexible terms. The ongoing revitalization of the property and surrounding neighborhood promises significant long-term value appreciation, making this a compelling investment in a thriving Connecticut market. The building's substantial size and prominent location offer excellent visibility and accessibility, making it an ideal headquarters or significant expansion opportunity. This is a chance to acquire a landmark office building in a location poised for continued growth and development.

    Property Features for 24 Belden Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    47,500 SF
    Lot Size
    62,291 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Rathblott Paul L Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.41605
    Latitude
    41.11818

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    FAQs

    What type of property is this?
    Commercial real estate - 1.43-acre lot, 47,500 SF office space
    Where is this commercial real estate located?
    The property is located at 24 Belden Ave Norwalk, CT.
    What is the asking price?
    The asking price for this property is $9,500,000.
    (203) 849-8100
    Request Owner's contact information
    24 Belden Ave Norwalk, CT 06850
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    Norwalk, CT 06850
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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
    24 Belden Ave Norwalk, CT 06850
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