Property summary
This exceptional commercial property, located at 205 Main Street, Rainbow Plaza in Norwalk, Connecticut (06851), offers 2,000 square feet of immediately available space within a larger 28,000 square foot building. Situated on a 3-acre lot, this Class B property boasts a convenient location with high visibility and excellent access via major roadways including the Merritt Parkway, I-95, Route 1, and Route 7 Connector (exit 2). Built in 1991 and renovated in 2010, the two-story building features 15 suites in total, with ample parking (130 spaces) available for tenants and customers. The space is ready for tenant improvements, allowing for customization to suit specific business needs. The property benefits from a high traffic count exceeding 24,000 cars daily, making it an ideal location for a variety of businesses. The zoning is B2. The available space features a 15-foot ceiling height and is part of a vibrant shopping center with established long-term tenants. The minimum divisible space is 2,000 square feet, with a maximum contiguous space also at 2,000 square feet. The property is suitable for various uses, including medical, traditional office, retail, storefront, food service, and showroom uses. Power is supplied by a 200-amp service. There are no elevators in the building. The cross street is New Canaan Avenue.
Property profile
VerifiedCap rate & NOI
Current use
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Home Appliance Store
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Nail Salon
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(Bike/Boat/Book/etc) Store Bakery
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Party Supply Store (Bike/Boat/Book/etc) Store
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B2 · Norwalk, CTZoning
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Zoning designation
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