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Norwalk Commercial Property For Sale
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150 Connecticut Ave, Norwalk, CT 06854

Commercial property with investment potential in a growing Norwalk area.

Property Size9,087 SF
Lot Size0.45 Acres
Price / SF$275.12
Days on Market711

Property Features for 150 Connecticut Ave

General Information

Standard status Active
Size 9,087 SF
Lot size 0.45 Acres
Property subtype Mixed Use

Building Details

Year Built 1996
Stories 2
Listing Agency: Cooke Realty
Listed By: Carl Cooke · License #REB.0138166
Source: Crexi
Added: Sep 18, 2024 Changed: Aug 23 Last Checked: Aug 25 at 8:13PM

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 Cooke Realty

Investment Insights

Based on property information with market context.

Located in Norwalk, Connecticut, the commercial property at 150 Connecticut Avenue offers 6,117 square feet of space on a 0.45-acre lot. The property's location provides access to public transportation, including proximity to the South Norwalk Train Station, and connectivity to major routes like I-95 and RT 7 Connector. The location is near downtown SoNo, with amenities such as grocery stores, restaurants, and parks. The property has investment potential for those looking to capitalize on real estate in a growing area, with urban development initiatives enhancing infrastructure and real estate development in the city. Given its location, there are opportunities for generating rental income from various types of tenants, including small businesses or professional services, or even as a mixed-use property with potential residential units if zoning allows. The property offers substantial space for a variety of uses, and the layout could be adaptable to different business needs or reconfigured for optimal use. There may be opportunities for further development or enhancement of the property through expansion, renovation, or repositioning in the market, depending on local zoning and regulations. The property is situated in a community with access to beaches, hiking trails, schools, and a walkable downtown.

Key Highlights

  • Prime location in Norwalk with easy access to public transportation, I‑95, and Route 7 Connector.
  • Significant investment potential in a growing urban area.
  • Commercial property offering 6,117 square feet of adaptable space.

Property Analytics

Current Use

Everything Home and Family Daycare Center Caruso's Plumbing & Heating Plumbing Service Exchange Club Of Norwalk ... Charitable Organization Ticketpro.com Event Planning Norwalk Exchange Club Charitable Organization

Suggested Use

Top Pick Acupuncture Storage Facility Pet Grooming Service Auto Parts Store HVAC Service (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,591
Businesses Nearby

Demographics for 06854, CT

29,931
Population
12,246
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
6,236
Density / Sq Mi
$86,399
Median Household Income
$42,868
Median Earnings
$1,898
Median Rent
$453,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property with investment potential in a growing Norwalk area.
Where is this mixed-use property located?
The property is located at 150 Connecticut Ave Norwalk, CT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location in Norwalk with easy access to public transportation, I‑95, and Route 7 Connector.; Significant investment potential in a growing urban area.; Commercial property offering 6,117 square feet of adaptable space.
(203) 722-2123 Call to check price and availability
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