9-15 Washington St Norwalk, CT 06854
- Commercial real estate
- 11,880 SF
- 0.29 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9-15 Washington St
- Year built
- 1967
- Lot size
- 0.29 lot acres
- Property size
- 11,880 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norwalk
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.4207
- Latitude
- 41.0993