You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $855,000
Showrooms

16 Commerce St Norwalk, CT 06850-4100

8,280 SF 0.11 ac lot Built 1942
Entity Owned 27-yr Hold ~ Est. High Equity
Property ID
US15-0711440
Property summary
AI-generated overview

This exceptional industrial property at 16 Commerce Street, Norwalk, offers 8,280 square feet of versatile space, ideal for a variety of businesses. Currently, 3,940 square feet are immediately available, divisible down to 1,180 square feet, providing flexibility for various operational needs. The building, constructed in 1942 and classified as Class C, features two stories with a generous 15-foot ceiling height. Access is convenient with two drive-in doors and two dock-high doors, ensuring efficient loading and unloading. The property's location within Norwalk's Central Business District (CBDB), zoned as such, offers unparalleled convenience. Its proximity to Wall Street provides easy access to local amenities, including shops, restaurants, and banks. Furthermore, the strategic location near I-95, exit 16, ensures excellent regional connectivity. The building comprises a single structure with two suites, offering a unique opportunity for either a single tenant or multiple occupants. While there are no dedicated parking spaces on-site, the central location provides easy access to public transportation and nearby parking options. This property presents a rare opportunity to secure flexible industrial space in a prime Norwalk location.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1942
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,280 SF
Lot 0.11 ac (4,792 SF)
Zoning code CBDA
APN NORW M:1 B:29 L:45
UPID US15-0711440
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
Current use
Occupant on record · Public records
  • Bats Unlimited Wildlife Animal Shelter Pet Adoption Service
  • Symplco Advertising Agency Marketing & Advertising
  • Aikido of Norwalk Sports School
  • Bats Be Gone Wildlife Garden Center
  • American Floor Covering Inc General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$747k
Blend (final) Blend
$855k
Owner & transaction history
Gms Prop LLC · 27 yrs held
Gms Prop LLC
since 1998
1 recorded transaction
1998
$180,000
Zoning & alternative use
CBDA · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16 Commerce St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message