Mixed-Use Building with
For Sale
$2,350,000
140 Water Street, Norwalk, CT 06854
Commercial For Sale, Norwalk, CT
Property Size9,856 SF
Lot Size0.54 Acres
Price / SF$238.43
Days on Market298
Property Features for 140 Water Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MC
Lot features
Level Lot
Directions
Water Street to #140 it is the pink building next to Rex Marina and in front of Paganos Seafood.
Subdivision
SONO
Standard status
Active
Size
9,856 SF
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
25170
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1955
Flooring type
Carpet - Full
Buildings
1
Listing Agency:
Silver Pine Real Estate
Listed By:
Shalini Madaras · License #REB.0755688
(203) 451-6622
Added: Jan 5
Changed: Oct 27
Last Checked: Oct 30 at 11:06AM
MLS# 24147122
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 140 Water Street, this 9,856-square-foot mixed-use building was constructed in 1955 and includes 32 on-site parking spaces. The property has full carpet flooring, public water, public sewer, and phone service available. Its existing commercial configuration is paired with a conceptual redevelopment plan that could deliver an 11- to 12-unit residential component with two- and three-bedroom apartments and ground-floor commercial space. The concept reflects approximately 22,500 square feet over four levels, with select water views from upper floors.
The property sits in downtown Norwalk’s SoNo district, within walking distance of the SONO Collection Mall, restaurants, cafes, boutiques, marinas, parks, museums, movie theaters, beaches, and Metro-North rail service. Major highways and freeways provide regional access. Architectural renderings are available for review.
The property sits in downtown Norwalk’s SoNo district, within walking distance of the SONO Collection Mall, restaurants, cafes, boutiques, marinas, parks, museums, movie theaters, beaches, and Metro-North rail service. Major highways and freeways provide regional access. Architectural renderings are available for review.
Key Highlights
- 9,856‑square‑foot mixed‑use building at 140 Water Street, Norwalk, CT 06854
- 32 on‑site parking spaces
- 0.54 acres with MC zoning
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,687
Businesses Nearby
Explore this area
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 with public water and sewer service in downtown Norwalk.
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 mixed‑use building at 140 Water Street, Norwalk, CT 06854; 32 on‑site parking spaces; 0.54 acres with MC zoning
