Property profile

133 S Main St Norwalk, CT 06854

FOR SALE
Retail space
Property ID
US15-0807522
2,060 SF 0.09 ac lot Built 1920
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A stand-alone commercial building in South Norwalk, Connecticut, totaling approximately 2,060 square feet, with a fully equipped commercial kitchen that includes an exhaust system and a walk-in cooler. The property has had improvements including replaced refrigerators, updated flooring, and split-system heating and cooling units. The layout allows for partial occupancy and includes substantial remaining space that could support expansion or an additional business use. The kitchen and space configuration are suitable for neighborhood retail and food service concepts such as a market with produce and deli offerings or fast-food operations. The building has dedicated on-site parking.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,060 SF
Lot 0.09 ac (3,920 SF)
Zoning code I1
APN NORW M:2 B:76 L:24
UPID US15-0807522

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
  • General Contractor
  • Atm
  • Grocery & Convenience Store Food Market

Location

133 S Main St Norwalk, CT 06854
Norwalk metro Census 44100 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2019
7 recorded transactions
2021
Price N/A
2020
Price N/A
2019
Price N/A
2017
Price N/A
2006
Price N/A
2000
$200,000
1999
$177,500

Zoning & alternative use

I1 · Norwalk, CT

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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