9-15 Washington St Norwalk, CT 06854
This exceptional commercial property, located at 9-15 Washington Street in the vibrant South Norwalk (SoNo) district of Norwalk, Connecticut, presents a unique investment opportunity. Spanning 11,880 square feet on a 0.29-acre lot, this property boasts four established, income-producing businesses, ensuring a steady revenue stream. Its prime location on Washington Street places it within a high-traffic area, guaranteeing excellent visibility and accessibility for any business. The South Norwalk district is renowned for its historical charm and thriving commercial activity, creating a dynamic and attractive environment for both businesses and customers. The property's versatility allows for a wide range of uses, from stylish boutiques to popular restaurants, perfectly complementing the diverse commercial landscape of Washington Street. This is an ideal opportunity for investors seeking a well-established, high-return property in a sought-after location. The asking price is $5,000,000. This property offers significant potential for growth and profitability within a bustling and established commercial district. The existing businesses provide immediate income, minimizing risk and maximizing return on investment. The property's size and location make it an attractive proposition for a variety of commercial ventures. Don't miss this chance to acquire a prime piece of Norwalk real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.