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Mixed-Use Property with Industrial Shop
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40 Osborne Avenue, Norwalk, CT 06855

Fully leased asset combines a ground-floor shop with a renovated three-bedroom apartment.

Property Size5,160 SF
Days on Market133

Property Features for 40 Osborne Avenue

General Information

Standard status Active
Size 5,160 SF
Total Parking Spaces 12
Property subtype Industrial
Zoning I1
Occupancy 100%

Warehouse & Industrial

Clear Height 15.5 ft
Warehouse Space 3,600 SF

Additional Details

Highway Access Yes

Building Details

Year Built 1960
Buildings 1
Stories 2
Tenancy Multi
Building Size 5,160 SF
Listing Agency: Choyce Peterson, Inc
Listed By: Scott C. Peterson · License #CT
Source: Crexi
Added: Apr 21 Changed: Aug 31 Last Checked: Apr 24 at 10:13PM

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 Choyce Peterson, Inc

Investment Insights

Based on property information with market context.

Located at 40 Osborne Ave in Norwalk, Connecticut, this fully leased mixed-use property contains 5,160 square feet across two levels. The ground floor provides a 3,600-square-foot shop with 15.5-foot ceilings, while the second floor includes a recently renovated three-bedroom apartment. The combination of industrial and residential components creates distinct income spaces within one building.

The property is 0.25 miles from the East Norwalk Metro-North station and 0.5 miles from I-95, with access to the South Norwalk business district and the adjacent Metro-North New Haven Line. A pro forma billboard opportunity is also identified, providing an additional potential revenue component.

Key Highlights

  • Fully leased 5,160‑square‑foot mixed‑use property
  • 3,600‑square‑foot ground‑floor shop with 15.5‑foot ceilings
  • Recently renovated three‑bedroom apartment on the second floor

Property Analytics

Current Use

Handmade TV Film Production Norwalk Electric Motors Electrical Service Palmer's Electric Motors ... Electrical Service Heintz-Wasson Inc Photography Service

Suggested Use

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

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

15 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,828
Businesses Nearby

Demographics for 06855, CT

8,380
Population
3,682
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
88%
High-School Grad
2.5 sq mi
ZIP Area
3,352
Density / Sq Mi
$102,247
Median Household Income
$57,677
Median Earnings
$1,957
Median Rent
$492,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased asset combines a ground-floor shop with a renovated three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 40 Osborne Avenue Norwalk, CT.
What are key features of this property?
This property features: Fully leased 5,160‑square‑foot mixed‑use property; 3,600‑square‑foot ground‑floor shop with 15.5‑foot ceilings; Recently renovated three‑bedroom apartment on the second floor
(203) 961-8175 Call to check price and availability
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