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    189 East Ave Norwalk, CT 06855

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    For Sale
    $1,045,000

    Mixed-use property with salon and residential unit in Norwalk.

    Property size:
    2,112 SF
    Lot size:
    0.10 Acres

    Property Features for 189 East Ave

    General Information

    Size
    2,112 SF
    Lot size
    0.10 Acres

    Source: BHHS - New England Properties | Westport Agent Ellen Balazs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Norwalk Mixed-Use Property

    Located in East Norwalk, this mixed-use property offers an opportunity for retail or professional use. The property is situated 200 yards from exit 16 and within walking distance of the train station and restaurants, and one mile from beaches and SONO. Currently operating as a hair and skin care salon, the first floor comprises 960 square feet and features a kitchenette, half bath, two open rooms, and two private rooms. The second and third floors contain a 1170-square-foot residential unit with two bedrooms, two full baths, and laundry facilities. Positioned on a corner lot at East Avenue and Raymond Terrace, the property offers business visibility and residential living. Renovated in 2000, the property includes hardwired smoke and CO2 detectors, a new water main, a new sewer line, and three pairs of motion sensor flood lights. The property could also function as an investment property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tangles Beauty Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4052629
    Latitude
    41.1071898

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    FAQs

    What type of property is this?
    Retail space - Mixed-use property with salon and residential unit in Norwalk.
    Where is this retail space located?
    The property is located at 189 East Ave Norwalk, CT.
    What is the asking price?
    The asking price for this property is $1,045,000.
    What are key features of this property?
    This property features: - High-visibility corner lot location in desirable East Norwalk, near Exit 16.; - Mixed-use property: Features a Salon (960 sq ft) and a 2-bed, 2-bath residential unit (1170 sq ft).; - Walking distance to train station and restaurants; one mile to beaches and SONO.
    (203) 227-5117
    Request Owner's contact information
    189 East Ave Norwalk, CT 06855
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    Norwalk, CT 06855
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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
    189 East Ave Norwalk, CT 06855
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