Mixed-Use Building with On-Site
For Sale
$2,350,000
140 Water Street, Norwalk, CT 06854
MC-zoned property offers an existing commercial building and a conceptual mixed-use redevelopment scenario.
Property Size9,856 SF
Price / SF$238.43
Days on Market304
Property Features for 140 Water Street
General Information
Standard status
Active
Size
9,856 SF
Total Parking Spaces
32
Property subtype
Commercial
Zoning
MC
Additional Details
Highway Access
Yes
Building Details
Building Size
9,856 SF
Year Built
1955
Buildings
1
Units
1
Listing Agency:
Silver Pine Real Estate
Listed By:
Shalini Madaras · License #REB.0755688
(203) 451-6622
Source:
Cappellorealty
Added: Jan 4
Changed: Oct 26
Last Checked: Nov 3 at 6:19AM
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
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Investment Insights
Based on property information with market context.
At 140 Water Street in Norwalk, this MC-zoned mixed-use property contains a 9,856-square-foot commercial building built in 1955, with 32 on-site parking spaces. A conceptual plan explores a four-level, approximately 22,500-square-foot redevelopment, with commercial space at ground level and 11 to 12 residential units above. The proposed apartments are described as two- and three-bedroom layouts; the scenario is conceptual, not stated as an approved plan.
The property is on Water Street in downtown Norwalk, within walking distance of the SoNo Collection, restaurants, marinas, cultural and recreational destinations, and Metro-North rail. Major highways are also described as readily accessible. Select upper floors in the conceptual redevelopment scenario may have water views.
The property is on Water Street in downtown Norwalk, within walking distance of the SoNo Collection, restaurants, marinas, cultural and recreational destinations, and Metro-North rail. Major highways are also described as readily accessible. Select upper floors in the conceptual redevelopment scenario may have water views.
Key Highlights
- 9,856‑square‑foot commercial building
- 32 on‑site parking spaces
- MC zoning
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,687
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - MC-zoned property offers an existing commercial building and a conceptual mixed-use redevelopment scenario.
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: 9,856‑square‑foot commercial building; 32 on‑site parking spaces; MC zoning
