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Norwalk Commercial Space For Lease
For Lease
$2,100/Mo
Pending

47 Wall St, Norwalk, CT 06850

1,243 sq. ft. space in Norwalk's Wall Street district.

Space SizeContact for details
Property Size1,243 SF
Days on Market107

Property Features for 47 Wall St

General Information

Standard status Pending
Size 1,243 SF
Property subtype Commercial

Building Details

Year Built 1860
Listing Agency: William Raveis Real Estate
Listed By: Joe Balestriere · License #RES.0792559
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 7 at 3:55AM

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.

Located in the Wall Street commercial district of Norwalk, this 1,243 sq. ft. commercial space is positioned among restaurants, boutiques, creative studios, and entertainment venues. The space offers visibility and access in a neighborhood with sustained investment and revitalization. The historic district attracts foot traffic from residential developments, cultural venues like District Music Hall, and the Norwalk Public Library. With access to I-95, Route 7 and the SoNo train station, the location supports convenience and connection for customers, employees and clients from across the Metro-New York region and Fairfield County. The commercial space includes one bathroom and can be tailored to a variety of uses including office, retail, professional service, creative studio or customer-facing business. The neighborhood has a strong identity and growing residential density. The location has a bike score of 64, indicating it is bikeable, a walk score of 82, indicating it is very walkable, and a transit score of 54, indicating good transit.

Key Highlights

  • Prime location in Norwalk's rapidly evolving Wall Street commercial district.
  • High visibility and accessibility with strong foot traffic.
  • Convenient access to major transportation routes (I‑95, Route 7, SoNo train station).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Hotel & Motel (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic 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

NNN (Triple Net)
Lease Type
$3.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,522
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

$30.59 /SF/Yr
Avg Asking Price
$13.17–$59.51 /SF/Yr
Price Range
2,879 SF
Avg Space Size

This space is priced 34% below the average of $30.59 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 1,243 sq. ft. space in Norwalk's Wall Street district.
Where is this retail space located?
The property is located at 47 Wall St Norwalk, CT.
What is the lease rate?
The lease rate is $2,100/Mo.
What are key features of this property?
This property features: Prime location in Norwalk's rapidly evolving Wall Street commercial district.; High visibility and accessibility with strong foot traffic.; Convenient access to major transportation routes (I‑95, Route 7, SoNo train station).
More about this property
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