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Furnished First-Floor Office Units
New
For Lease
$22.95 SF/Yr

16-1 Ann St 1, Norwalk, CT 06854

Furnished office space offers private rooms, open work areas, conference rooms, a kitchen, and private bathrooms.

Space Size5,952 SF
Days on Market6

Property Features for 16-1 Ann St 1

General Information

Standard status Active
Size 5,952 SF
Net Rentable 5,952 SF
Total Parking Spaces 17
Property subtype Commercial
Lease Type Modified Gross

Space & Availability

Available Space 5,952 SF
Contiguous Space 5,952 SF
Floor 1
Space Use Office
Condition Turnkey
Available From Immediate
Private Offices 8
Furnished Yes

Lease Terms

Lease Rate $22.95 /USD/SF/YR
Monthly Rent $11,383
Rent per SF/Year $22.95
Lease Term 60 months
Month-to-Month No

Additional Details

Public Transit Yes
Sprinkler System Yes

Amenities

24-hour access
ADA accessibility
Brand-new HVAC
Security system
Smoke detectors
Professionally managed condominium

Building Details

Building Size 5,952 SF
Year Built 1999
Stories 3
Listing Agency: William Raveis Real Estate
Listed By: Jeffrey Kaplan
Source: Elliman
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 19 at 11:41AM

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 William Raveis Real Estate

Investment Insights

Based on property information with market context.

This first-floor office condominium provides 5,952 SF of furnished workspace arranged for immediate use. The layout includes 8 private offices, 2 large open work areas, multiple conference rooms, an updated kitchen, and private bathrooms. Numerous windows provide natural light, while the existing furnishings reduce the need for initial build-out. The suite also includes brand-new HVAC, a wet sprinkler system, security equipment, smoke detectors, ADA accessibility, and 24-hour access.

Parking includes 5 reserved garage spaces and use of 12 exterior spaces during business hours. The professionally managed condominium includes residential units above the office component. Located in SoNo, the property is within walking distance of the Metro-North train station, waterfront, restaurants, shopping, and downtown amenities. The building was constructed in 1999 and has a Walk Score of 90, a Transit Score of 54, and a Bike Score of 48.

Key Highlights

  • 5,952 SF first‑floor furnished office condominium
  • 8 private offices, 2 large open work areas, and multiple conference rooms
  • 5 reserved garage parking spaces plus 12 exterior spaces during business hours

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Florist Pet Grooming Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$3.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,327
Businesses Nearby

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

Market

Lease Benchmarks for Norwalk, CT

$32.94 /SF/Yr
Avg Asking Price
$19.3–$56 /SF/Yr
Price Range
9,368 SF
Avg Space Size

This space is priced 30% below the average of $32.94 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Furnished office space offers private rooms, open work areas, conference rooms, a kitchen, and private bathrooms.
Where is this office units located?
The property is located at 16-1 Ann St 1 Norwalk, CT.
What is the lease rate?
The lease rate is $22.95 SF/Yr.
What are key features of this property?
This property features: 5,952 SF first‑floor furnished office condominium; 8 private offices, 2 large open work areas, and multiple conference rooms; 5 reserved garage parking spaces plus 12 exterior spaces during business hours
More about this property
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