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    17 Washington St Norwalk, CT 06854

    Sponsored
    For Sale
    $5,300,000

    37,000 sq ft, High-Traffic SoNo Area

    Property size:
    37,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    17 Washington Street in Norwalk, Connecticut presents a significant commercial investment opportunity in the thriving South Norwalk (SoNo) district. This 37,000 square foot property offers a versatile blend of office and retail space, perfectly positioned within a high-traffic area to maximize business exposure and foot traffic. Its strategic location in SoNo provides immediate access to a wealth of local amenities, restaurants, and entertainment venues, creating an attractive environment for employees and customers alike. The building's substantial size is suitable for a variety of uses, accommodating multiple tenants or a single large-scale operation. The existing layout is adaptable, allowing for reconfiguration to meet specific business requirements. The property sits on a 0.62-acre lot, offering ample space for potential expansion or outdoor amenities. Furthermore, the property presents a compelling opportunity for conversion into over 120 residential units, representing a significant potential for future development and increased return on investment. This property is priced at $5,300,000 and offers a rare chance to acquire a substantial commercial asset in a highly desirable and dynamic location.

    Property Features for 17 Washington St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    37,000 SF
    Lot Size
    27,007 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    REVUE EYEWEAR Optical Wholesaler National Football Foundation ... Association / Organization Azucar Sports Bar Sports Bar S.E.A.D.S - SoNo Entertainment ... Dance School Review R International Medical Supply Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.42049
    Latitude
    41.09943

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    FAQs

    What type of property is this?
    Commercial real estate - 37,000 sq ft, High-Traffic SoNo Area
    Where is this commercial real estate located?
    The property is located at 17 Washington St Norwalk, CT.
    What is the asking price?
    The asking price for this property is $5,300,000.
    (203) 869-9263
    Request Owner's contact information
    17 Washington St 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
    17 Washington St Norwalk, CT 06854
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