16 Commerce St Norwalk, CT 06850-4100
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.
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Symplco Advertising Agency Marketing & Advertising
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American Floor Covering Inc General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBDA · Norwalk, CTCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.