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Street-Level Retail in Mixed-Use Tower
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467 West Ave, Norwalk, CT 06850

24,960 SF retail space within a six-story mixed-use development with onsite parking and nearby major road access.

Property Size1,703 SF
Days on Market589

Property Features for 467 West Ave

General Information

Standard status Active
Size 1,703 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Stories 6
Listing Agency: Saugatuck Commercial
Listed By: Penny Wickey
Source: Moodyscre
Added: Dec 18, 2024 Changed: Jul 26 Last Checked: Jul 29 at 3:57PM

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 Saugatuck Commercial

Investment Insights

Based on property information with market context.

This is a six-story luxury mixed-use development featuring 24,960 SF of street-level retail. The property includes 390+ residential units and approximately 200 reserved retail units, supported by onsite parking spaces.

Convenient access is highlighted by proximity to I-95, the Route 7 Connector, and the Merritt Parkway, with the asset positioned adjacent to The Waypointe. The surrounding retail environment includes established brands such as Apple, Nordstrom, and Bloomingdale’s, along with shopping and dining destinations in the area.

For tenants seeking a retail presence integrated with a large residential population, this property offers a purpose-built street-level retail component within a mixed-use setting.

Key Highlights

  • 24,960 SF street‑level retail space in a six‑story luxury mixed‑use development
  • 390+ residential units in the same mixed‑use development, plus 200 reserved retail spaces
  • Onsite parking available for the mixed‑use property

Property Analytics

Current Use

Belpointe Construction Company

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Hotel & Motel Grocery & Convenience Store

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
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,519
Businesses Nearby

Demographics for 06850, CT

20,801
Population
8,556
Households
2.4
Avg Household Size
39
Median Age
52%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
3,059
Density / Sq Mi
$121,910
Median Household Income
$60,036
Median Earnings
$2,283
Median Rent
$562,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 24,960 SF retail space within a six-story mixed-use development with onsite parking and nearby major road access.
Where is this mixed-use property located?
The property is located at 467 West Ave Norwalk, CT.
What are key features of this property?
This property features: 24,960 SF street‑level retail space in a six‑story luxury mixed‑use development; 390+ residential units in the same mixed‑use development, plus 200 reserved retail spaces; Onsite parking available for the mixed‑use property
(203) 856-6621 Call to check price and availability
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