Property profile

12 South Main St Norwalk, CT 06854

FOR SALE
Retail space
Property ID
US15-0448341
7,710 SF 0.15 ac lot Built 1885
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,000-square-foot office space is located on the second floor of a beautifully renovated building at 12 Main Street in Norwalk, Connecticut. Situated in a prime location, this single-tenant property offers a blend of traditional and creative office design, perfect for a variety of businesses. Built in 1885 and extensively renovated in 2022, the building boasts a charming character combined with modern amenities. The space includes a welcoming reception area, a private bathroom, and three individual offices, providing ample room for a small team or a growing business. Enjoy stunning views overlooking the Norwalk River from the large windows. The building features a 9-foot ceiling height throughout. The property sits on a 0.15-acre lot and is part of a larger building totaling 7,710 square feet. Ample parking is available for tenants and clients. The convenient location offers easy access to Norwalk City Hall and Interstate 95 (Exit 16), the Merritt Parkway, and Route 7. The property is zoned CBDA in Fairfield County, Connecticut, zip code 06851. The monthly rent is $1,500, plus separately metered utilities. This is a unique opportunity to lease a stunning, renovated office space in a highly desirable location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1885
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,710 SF
Lot 0.15 ac (6,543 SF)
Zoning code CBDA
APN NORW M:1 B:66 L:25
UPID US15-0448341

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Advertising Agency Marketing & Advertising
  • Electric Vehicle Charging Station

Location

12 South Main St Norwalk, CT 06854
Norwalk metro Census 43700 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.45M
CAP Approach CAP
by Request
Comparable Approach Comparable
$883k
Blend (final) Blend
$1.45M

Owner & transaction history

since 2024
Last sale
$1.5M
3 recorded transactions
2026
Price N/A
2024
$1.5M
2022
Price N/A

Zoning & alternative use

CBDA · Norwalk, CT
Top alternative use upside
Restaurant $2.0M +38.2%
Commercial (general) $1.9M +29.9%
Auto repair, garage $1.8M +25.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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