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Property profile & analytics
OFF-MARKET Estimated value $7,215,000
Showrooms

327 Main Ave Norwalk, CT 06851-6156

80,298 SF 1.86 ac lot Built 1920
Individually Owned 34-yr Hold Free & Clear
Property ID
US15-0397616
Property summary
AI-generated overview

This exceptional flex space property, located at 327 Main Ave in Norwalk, Connecticut, offers a unique opportunity for businesses seeking versatile industrial and office space. Comprising two buildings totaling 104,828 square feet, this property boasts a range of suite sizes, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 6,500 square feet. Currently, there are 21,947 square feet of vacant space available across the six total suites, providing flexibility for various business needs. Built in 1920, the buildings feature a two-story design with impressive 14-foot ceilings, ideal for storage and various operational requirements. The property benefits from a convenient drive-in bay, enhancing loading and unloading efficiency. Situated in a prime location within Fairfield County, the property is zoned B2, offering a wide range of permitted uses. This centrally located property provides easy access to major transportation routes and amenities, making it an attractive option for businesses seeking a strategic location in Norwalk. The property's combination of size, flexibility, and location makes it an ideal choice for a variety of businesses.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1920
Construction STEEL FRAME
Total area 80,298 SF
Lot 1.86 ac (81,166 SF)
Zoning code B2
APN NORW M:5 B:41 L:1
UPID US15-0397616
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
  • Sobot Trims General Contractor
  • CDReload by Crypto Dispensers Crypto Atm Atm
  • Coinhub Bitcoin ATM Teller Atm
  • MoneyGram Bank Credit Union
  • Karen Roones Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.28M
Blend (final) Blend
$7.22M
Owner & transaction history
Ralph Sandelo · 34 yrs held
Ralph Sandelo
since 1992
3 recorded transactions
2002
Price N/A
1997
Price N/A
1992
$10,000
Zoning & alternative use
B2 · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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