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140 Water Street Norwalk, CT 6854

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For Sale
$2,350,000

9,856 SF commercial building in downtown SoNo with redevelopment potential.

Type:Commercial
Property size:
9,856 SF
Lot size:
0.54 Acres
Added:
Jan 5, 2026
Days on Market:
105
Last Refresh:
Apr 5 at 8:26 pm

Property Features for 140 Water Street

General Information

Standard status
Active
Size
9,856 SF
Lot size
0.54 Acres
Property subtype
Commercial

Building Details

Year Built
1955

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Listing Contact
SHALINI MADARAS
SHALINI MADARAS

Listing agent SHALINI MADARAS License #REB.0755688

Listing office Silver Pine Real Estate

Listing date Jan 5, 2026

Source Corcoran

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 Silver Pine Real Estate


Overview

Norwalk Mixed-Use Redevelopment Opportunity

Located at 140 Water Street in Norwalk, this 9,856 square foot commercial building presents a mixed-use redevelopment opportunity in the heart of downtown SoNo. The property features 32 on-site parking spaces and offers visibility and access. Redevelopment potential includes conversion to an 11 to 12-unit residential building with spacious two and three-bedroom apartments and ground-level commercial space. A conceptual redevelopment scenario reflects approximately 22,500 square feet across four levels, with water views from upper floors. Architectural renderings are available. The property is suited for an end user, investor, or developer, with multiple paths for repositioning, expansion, or collaboration. The owner is open to creative structures and partnership discussions. The location is within walking distance of the SONO Collection Mall, including Nordstrom and other retailers, restaurants, cafes, bakeries, boutiques, marinas, the maritime center, movie theaters, parks, museums, squash courts, beaches, and public transportation, including Metro-North rail. Immediate access to major highways and freeways enhances convenience and regional connectivity. This property offers current utility and significant future potential in a waterfront district.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

SpikedSeltzer Big Box & Wholesale Store Family & Children’s Agency Charitable Organization Steelshedsono Auto Repair Shop Realm IT Consulting Firm JAM Junior Art ... Instruction

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Norwalk
County
Fairfield
State
Connecticut
Longitude
-73.415
Latitude
41.0942

FAQs

What type of property is this?
Mixed-use property - 9,856 SF commercial building in downtown SoNo with redevelopment potential.
Where is this mixed-use property located?
The property is located at 140 Water Street Norwalk, CT.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Prime downtown SoNo location on the main retail corridor; Significant mixed‑use redevelopment potential for residential or commercial use; Large‑scale 9,856 SF commercial building with 32 on‑site parking spaces
More about this property
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