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Prime SoNo Mixed-Use Opportunity

140 Water St, Norwalk, CT 06854

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For Sale

$2,350,000

9,856 SF commercial building in downtown SoNo.

Type:Commercial

Property size:

9,856 SF

Price / SF:

$238/SF

Listing Contact

Shalini Madaras

Real Estate License ID: REB.0755688

HighLights

Prime location in the heart of downtown SoNo on its main retail corridor.
Mixed‑use redevelopment potential, including residential conversion to 11‑12 units with ground‑level commercial space.
32 on‑site parking spaces, a rare and valuable amenity.
Unmatched walkability (Walk Score: 82) to SONO Collection Mall, restaurants, and various amenities.
Large‑scale asset (9,856 SF) in a vibrant and evolving waterfront district.
Owner open to creative structures and partnership discussions.

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For Sale

$2,350,000

9,856 SF commercial building in downtown SoNo.

Type:Commercial

Property size:

9,856 SF

Price / SF:

$238/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 4:35 pm

Property Features for 140 Water St

General Information

Standard status: Active
Size: 9,856 SF
Property subtype: Commercial

Building Details

Year Built: 1955

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Listing Contact

Shalini Madaras

Listing agent Shalini Madaras License #REB.0755688

Listing office Silver Pine Real Estate

Listing date Apr 24, 2026

Source Elliman

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

HighLights

Prime location in the heart of downtown SoNo on its main retail corridor.
Mixed‑use redevelopment potential, including residential conversion to 11‑12 units with ground‑level commercial space.
32 on‑site parking spaces, a rare and valuable amenity.
Unmatched walkability (Walk Score: 82) to SONO Collection Mall, restaurants, and various amenities.
Large‑scale asset (9,856 SF) in a vibrant and evolving waterfront district.
Owner open to creative structures and partnership discussions.

Overview

Located at 140 Water Street in Norwalk, this 9,856 square foot commercial building presents an exceptional mixed-use opportunity in the heart of downtown SoNo. The property features 32 on-site parking spaces, offering visibility, access, and long-term potential. The property has mixed-use redevelopment potential, including conversion to an 11 to 12-unit residential building with spacious 2 and 3-bedroom apartments and ground-level commercial space. A conceptual redevelopment scenario reflects approximately 22,500 square feet across 4 levels, with select water views from upper floors. Architectural renderings are available. Suited for an end user, investor, or developer, the property offers multiple paths for repositioning, expansion, or collaboration. The owner is open to creative structures and partnership discussions. The location is within walking distance to the SONO Collection Mall, restaurants, cafes, bakeries, boutiques, marinas, 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. The bike score is 64, the walk score is 82, and the transit score is 54.

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

Location Insight

Map
Local Demand

City: Norwalk
County: Fairfield
State: Connecticut
Longitude: -73.4150142
Latitude: 41.0942324

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For sale
Mixed-use properties
CT
Norwalk
06854
140 Water St

What type of property is this?

Mixed-use property - 9,856 SF commercial building in downtown SoNo.

Where is this mixed-use property located?

The property is located at 140 Water St 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 location in the heart of downtown SoNo on its main retail corridor.; Mixed‑use redevelopment potential, including residential conversion to 11‑12 units with ground‑level commercial space.; 32 on‑site parking spaces, a rare and valuable amenity.