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Property profile & analytics
OFF-MARKET
Commercial real estate

9-15 Washington St Norwalk, CT 06854

11,880 SF 0.29 ac lot Built 1967
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1967
Total area 11,880 SF
Lot 0.29 ac (12,632 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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