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Furnished Office Condominium

16-1 Ann Street 1, Norwalk, CT 06854

For Sale
$999,999

A first-floor professional suite combines private offices, open work areas, meeting rooms, and included furnishings.

Property Size5,952 SF
Price / SF$168.01
Days on Market55

Property Features for 16-1 Ann Street 1

General Information

Standard status Active
Size 5,952 SF
Total Parking Spaces 17
Elevators Yes
Property subtype Commercial For Sale
Zoning RPDE

Space & Availability

Floor First Floor
Condition Turnkey
Furnished Yes

Financials

Asking Price $999,000
Opportunity Zone Yes

Additional Details

Public Transit Yes
Sprinkler System Yes
Office Units 1
Property Use Office

Amenities

24-hour access
ADA accessibility
security system
smoke detectors
12
Central Air,Zoned
Electric,Gas,Telephone,Fire Suppression System
Public Water Connected
Dry,Level Lot

Building Details

Year Built 1999
Buildings 1
Stories 3
Tenancy Single
Listing Agency: William Raveis Real Estate
Listed By: Jeffrey Kaplan · License CT RES.0783899
Source: Surfrealtyteam
Added: Sep 17 Changed: Nov 10 Last Checked: Nov 10 at 1:35AM

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

Rey
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Investment Insights

Based on property information with market context.

This 5,952-square-foot first-floor office condominium is furnished and configured with 8 private offices, 2 open bullpen areas, multiple conference rooms, a kitchen, and private bathrooms. Furniture and appliances are included. Building features include 24-hour access, elevator service, ADA accessibility, brand-new HVAC, wet sprinklers, a security system, and smoke detectors. The property is zoned RPDE and is the building’s only commercial unit, with residential units on the upper floors of the three-story condominium.

Parking includes 5 reserved garage spaces and use of 12 surface spaces during regular business hours. The property is within walking distance of the Metro-North train station, waterfront, restaurants, shopping, and downtown amenities in SoNo. It is also located within an Opportunity Zone.

The condominium association provides property management and maintains common areas and building components, including landscaping, snow removal, exterior and roof maintenance, structural maintenance, common-area insurance, water, sewer, trash, and common-area utilities.

Key Highlights

  • 5,952‑square‑foot office condominium with 8 private offices and 2 bullpen areas
  • Furnished first‑floor suite with multiple conference rooms, kitchen, and private bathrooms
  • 5 reserved garage spaces plus use of 12 surface spaces during regular 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

1
Office units
Single-tenant
Tenancy
Yes
Sprinkler system

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

Average Price Trend$/SF for Office Units in Fairfield County, CT

$126 Jul
$120 Aug
$114 Sep
$154 Oct

Properties on Market for Office Units in Fairfield County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - A first-floor professional suite combines private offices, open work areas, meeting rooms, and included furnishings.
Where is this office unit located?
The property is located at 16-1 Ann Street 1 Norwalk, CT.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 5,952‑square‑foot office condominium with 8 private offices and 2 bullpen areas; Furnished first‑floor suite with multiple conference rooms, kitchen, and private bathrooms; 5 reserved garage spaces plus use of 12 surface spaces during regular business hours
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