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Restaurant-Row Retail Space
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123 WASHINGTON STREET, Norwalk, CT 06854

The floor plan can support a single business or two separately configured storefronts.

Space Size4,637 SF
Days on Market1

Property Features for 123 WASHINGTON STREET

General Information

Standard status Active
Size 4,637 SF
Net Rentable 4,600 SF
Property subtype Street Retail

Space & Availability

Available Space 1,600-4,600 SF
Contiguous Space 4,600 SF
Divisible Yes

Additional Details

Highway Access Yes

Building Details

Building Size 4,637 SF

Spaces For Lease

at 123 WASHINGTON STREET
123 WASHINGTON STREET
Size 4,637 SF
Contact us
Listing Agency: AGW Partners
Listed By: Kevin Coleman
Source: Thebrokerlist
Added: Oct 23 Last Checked: Oct 23 at 5:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AGW Partners

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Investment Insights

Based on property information with market context.

This Washington Street retail space offers 4,600 square feet at street level, plus 3,000 square feet of basement area. The storefront can also be divided into two spaces of 3,000 and 1,600 square feet, respectively, for a two-tenant configuration.

The property is in South Norwalk’s Washington Street Historic District, near I-95 Exit 15 and the Route 7 connector. SoNo Train Station is less than a 10-minute walk away. Nearby parking options include three municipal lots and two garages. Area businesses include Washington Prime, Match, Barcelona, Mecha Noodle Bar, and Oishi.

Key Highlights

  • 4,600 SF storefront with 3,000 SF of basement space
  • Can be divided into 3,000 SF and 1,600 SF storefronts
  • Near I‑95 Exit 15 and the Route 7 connector

Property Analytics

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Current Use

Sundown Ski & Patio ... Furniture & Home Goods Best of Norwalk Advertising Agency OnWashington Construction Company

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Florist Pet Store Pet Store & Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,885
Businesses Nearby

Demographics for 06854, CT

29,931
Population
12,246
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
6,236
Density / Sq Mi
$86,399
Median Household Income
$42,868
Median Earnings
$1,898
Median Rent
$453,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Norwalk, CT

$30.45 /SF/Yr
Avg Asking Price
$7.63–$63.64 /SF/Yr
Price Range
2,852 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The floor plan can support a single business or two separately configured storefronts.
Where is this retail space located?
The property is located at 123 WASHINGTON STREET Norwalk, CT.
What are key features of this property?
This property features: 4,600 SF storefront with 3,000 SF of basement space; Can be divided into 3,000 SF and 1,600 SF storefronts; Near I‑95 Exit 15 and the Route 7 connector
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