17 Washington St Norwalk, CT 06854-2719
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.
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REVUE EYEWEAR Big Box & Wholesale Store
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National Football Foundation Fairfield County Chapter Association / Organization
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Azucar Sports Bar Bar & Pub
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S.E.A.D.S - SoNo Entertainment and Dance Space Training Center
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Review R International Medical Supply Store Optician
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
SNBD · Norwalk, CTNorwalk. Always verify with local authorities before improvements.
Costs & 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.