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150 Connecticut Ave Norwalk, CT 06854

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For Sale
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Prime Norwalk location, mixed-use, investment opportunity.

Property size:
9,087 SF

Property Features for 150 Connecticut Ave

General Information

Property type
Mixed-use properties
Square Feet
9,087 SF

Building Details

Year Built
1996
Stories
2

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Listing Contact
Carl Cooke

Listing Agent: Carl Cooke

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional mixed-use property, the Utopia Building, is situated at 150 Connecticut Avenue in Norwalk, Connecticut, within Fairfield County (zip code 06854). Built in 1996, this two-story building boasts a total of 9,087 square feet, with 6,117 square feet of net rentable space. Currently offered for sale by owner at $2,700,000, this property presents a compelling investment opportunity. Its prime location on Norwalk's premier retail corridor, connecting Darien and Westport, ensures high visibility and accessibility. The building's current configuration is ideal for an owner-user, but also holds significant potential for future development. The first floor is currently available for lease at $45 per square foot NNN, or the entire building can be leased for $30 per square foot NNN. A particularly attractive feature is the possibility of converting the second-floor office space into four residential apartments, significantly increasing the property's value and rental income. This versatile property offers a unique blend of immediate income potential and long-term growth opportunities. The building also features digital signage, enhancing its marketing and advertising capabilities. This is a rare opportunity to acquire a well-located, adaptable property in a thriving Connecticut market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

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

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Norwalk
County
Fairfield
State
Connecticut
Longitude
-73.4301174
Latitude
41.1050374

FAQs

What type of property is this?
Mixed-use property - Prime Norwalk location, mixed-use, investment opportunity.
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 $2,700,000.
What are key features of this property?
This property features: 150 Connecticut Avenue, Norwalk, CT 06854, a 9,087 SF mixed-use building built in 1996, offered at $2,700,000.; 6,117 SF of net rentable space on a prime retail corridor connecting Darien and Westport.; Currently configured for owner-user, with first floor available for lease at $45/SF NNN, or entire building at $30/SF NNN.
(203) 722-2123 Call to check price and availability
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