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

24,960 SF of street-level retail in a six-story mixed-use project with onsite parking.

Property Size1,765 SF
Days on Market251

Property Features for 467 West Ave

General Information

Standard status Active
Size 1,765 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Stories 6
Listing Agency: Saugatuck Commercial
Listed By: Penny Wickey
Source: Moodyscre
Added: Nov 21, 2025 Changed: Jul 29 Last Checked: Jul 29 at 4:50PM

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.

A strong option for retailers seeking a street-level presence, this mixed-use development includes 24,960 SF of street-level retail within a six-story building. The property also supports an adjacent built-in customer base from a residential component totaling 390+ units, alongside 200 reserved retail spaces.

Located at 467 West Ave in Norwalk, CT, the project is positioned near major regional routes, including I-95, the Route 7 Connector, and the Merritt Parkway. It is adjacent to The Waypointe, with multiple area retailers and attractions in the surrounding market.

On-site parking is available for day-to-day operations, helping support customer access for retail uses in the street-level space.

Key Highlights

  • 24,960 SF street‑level retail in a six‑story mixed‑use building
  • 390+ residential units within the same development
  • 200 reserved retail spaces

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

Lease Benchmarks for Norwalk, CT

$29.49 /SF/Yr
Avg Asking Price
$13.17–$59.51 /SF/Yr
Price Range
1,602 SF
Avg Space Size

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?
Retail space - 24,960 SF of street-level retail in a six-story mixed-use project with onsite parking.
Where is this retail space 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 in a six‑story mixed‑use building; 390+ residential units within the same development; 200 reserved retail spaces
(203) 856-6621 Call to check price and availability
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