Property summary
17 Washington Street in Norwalk, Connecticut presents a significant commercial investment opportunity in the thriving South Norwalk (SoNo) district. This 37,000 square foot property offers a versatile blend of office and retail space, perfectly positioned within a high-traffic area to maximize business exposure and foot traffic. Its strategic location in SoNo provides immediate access to a wealth of local amenities, restaurants, and entertainment venues, creating an attractive environment for employees and customers alike. The building's substantial size is suitable for a variety of uses, accommodating multiple tenants or a single large-scale operation. The existing layout is adaptable, allowing for reconfiguration to meet specific business requirements. The property sits on a 0.62-acre lot, offering ample space for potential expansion or outdoor amenities. Furthermore, the property presents a compelling opportunity for conversion into over 120 residential units, representing a significant potential for future development and increased return on investment. This property is priced at $5,300,000 and offers a rare chance to acquire a substantial commercial asset in a highly desirable and dynamic location.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
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Association / Organization
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Bar & Pub
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Training Center
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Medical Supply Store Optician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
SNBD · Norwalk, CTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for SNBD in Norwalk, CT.
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Find the owner behind the property.
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