Prime SoNo Mixed-Use
For Sale
$2,350,000
140 Water Street, Norwalk, CT 06854
9,856 SF commercial building in downtown SoNo.
Property Size9,856 SF
Price / SF$238.43
Days on Market243
Property Features for 140 Water Street
General Information
Standard status
Active
Size
9,856 SF
Property subtype
Commercial
Zoning
MC
Taxes and HOA fees
Annual Taxes
$25,170
Building Details
Building Size
9,856 SF
Year Built
1955
Units
1
Listing Agency:
Silver Pine Real Estate
Listed By:
Shalini Madaras · License #REB.0755688
(203) 451-6622
Source:
Westshorerealty
Added: Jan 4
Changed: Sep 4
Last Checked: Sep 1 at 10:14PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
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 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 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.
