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    205 Main St Norwalk, CT 06851

    Sponsored
    For Lease
    $26 SF/Yr

    Prime Norwalk location, 2,000 sq ft available.

    Lot size:
    28,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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 Features for 205 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,000 SF
    Class
    B
    Total Rate
    60666.67

    Building Details

    Year Built/Renovated
    1991/2010
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Store 7
    Size
    2,000 SF
    Rate per SF
    $26

    HighLights

    • 2,000 SF of immediately available space in a 28,000 SF building.
    • Located at 205 Main Street, Norwalk, CT (06851), in a high‑visibility plaza with over 24,000 cars daily.
    • Class B building, built in 1991, renovated in 2010, with 130 parking spaces.
    • Recently painted, well‑lit at night, and situated in a busy plaza.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yes ApplianceRepair Appliance Repair Service Rainbow Nails Nail Salon Pauli's Deli & Bagels Bagel Shop QBalloons Party Store Roderick Lucien Swift Optometrist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.422371614378
    Latitude
    41.128525661541

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    FAQs

    What type of property is this?
    Individual retail property - Prime Norwalk location, 2,000 sq ft available.
    Where is this individual retail property located?
    The property is located at 205 Main St Norwalk, CT.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF of immediately available space in a 28,000 SF building.; Located at 205 Main Street, Norwalk, CT (06851), in a high-visibility plaza with over 24,000 cars daily.; Class B building, built in 1991, renovated in 2010, with 130 parking spaces.
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    205 Main St Norwalk, CT 06851
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 Main St Norwalk, CT 06851
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