Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    558 Connecticut Ave Norwalk, CT 06854

    For Sale
    $1,549,000

    Retail property on US 1 in Norwalk available for sale.

    Property size:
    5,662 SF
    Lot size:
    0.14 Acres

    Property Features for 558 Connecticut Ave

    General Information

    Size
    5,662 SF
    Lot size
    0.14 Acres

    Source: BHHS - New England Properties | Westport Agent Jeffrey Byington

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

    Overview

    Norwalk Retail Opportunity on US 1

    Located at 558 Connecticut Avenue in Norwalk, CT, this retail property offers an opportunity for small business owner-users. The property is situated in a prime location on US 1, which sees over 40,000 cars daily. The property has a size of 5,662 square feet. Nearby tenants and businesses within 1,000 feet include Home Depot, Burger King, Hoe Goods, Kohl's, and Raymour Flanigan. The commercial space is available for owner occupation. The projected return based on pro-forma is over 7.25 percent.
    Insight Report Location Intelligence

    Current Use by Public Records

    Michael's Cleaners Dry Cleaner Post Road Cleaners Dry Cleaner

    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.

    Similar Places Nearby

    Stop & Shop Florist

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4458106
    Latitude
    41.0972829

    Nearby Similar for Sale

    • $1,050,000
      3,315 SF

      Norwalk Two-Family Home Near Beach

      Well-maintained two-family home near beach, restaurants, and markets.
      38 Gregory Blvd, Norwalk, CT 06855
      View Details
    • $750,000
      5,088 SF

      Turnkey Restaurant in High-Traffic Area

      Prime commercial investment opportunity in Norwalk, Connecticut, with high foot traffic.
      84 Washington St, Norwalk, CT 06854
      View Details
    • New
      $950,000
      2,475 SF

      Updated Duplex in West Norwalk

      Spacious, updated duplex in desirable West Norwalk area.
      29 Nash Pl, Norwalk, CT 06854
      View Details
    • $429,900
      1,399 SF

      Turnkey Salon/Barbershop in South Norwalk

      Remodeled salon/barbershop in a prime, high-traffic South Norwalk location.
      6 Woodward Ave, Norwalk, CT 06854
      View Details
    • $499,000
      Pending

      East Norwalk Two-Family Property

      Two-family property near train station with renovation and redevelopment potential.
      26 Rowan St, Norwalk, CT 06855
      View Details
    • $949,000
      Pending

      Norwalk Multifamily Near SONO Station

      Five-unit multifamily property near SONO Station in Norwalk, Connecticut.
      28 Chestnut St, Norwalk, CT 06854
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail property on US 1 in Norwalk available for sale.
    Where is this storefront property located?
    The property is located at 558 Connecticut Ave Norwalk, CT.
    What is the asking price?
    The asking price for this property is $1,549,000.
    What are key features of this property?
    This property features: - Prime US 1 location with high traffic volume (over 40,000 cars per day).; - Suitable for small business owner/user.; - Projected return of 7.25 percent based on pro-forma.
    (203) 526-5336
    Request Owner's contact information
    558 Connecticut Ave Norwalk, CT 06854
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    558 Connecticut Ave
    Norwalk, CT 06854
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    558 Connecticut Ave Norwalk, CT 06854
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.