507 Westport Ave, Norwalk, CT 06851
- Showrooms
- 18,510 SF
- 1.12 lot acres
Current Use by Public Records
- Spadone-Alfa Self Lubricating / Industrial Manufacturer / Production Facility
- Anselmo Cirifalco / Gym & Fitness Center
- Apadana Rugs & Carpets / Carpet & Flooring Store / Hardware & Home Improvement
Property Details for 507 Westport Ave
- Year built
- 1952
- Construction
- STEEL FRAME
- Lot size
- 1.12 lot acres
- Zone code
- B2
- Property type
- Showrooms
- APN
- NORW M:5 B:17 L:6A
- APU
- NORWM5B17L6A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 10, 2018 | $2,225,000 | Apadana Realty Corp Ll | Spadone Property Hldgs | Warranty Deed | $1.5M · Habib American Bk |
Description
This exceptional 18,500-square-foot commercial property, located at 507 Westport Avenue in Norwalk, Connecticut (06851), presents a unique investment opportunity. The building, zoned B2, offers a versatile mix of office, industrial, and flex space, ideal for a variety of uses. Currently, 12,737 square feet are immediately available, perfect for an owner-user seeking warehouse or storage space, or a sports-related business. The property boasts a substantial 6,000 square feet of clear span ceiling at 25 feet high, with the remaining space featuring ceilings ranging from 12 to 20 feet. Convenient features include a drive-in door, a loading dock, and ample parking for 52 vehicles. Its prime location on the Westport/Norwalk line offers excellent visibility, situated directly across from a thriving shopping complex anchored by a movie theater and Bed Bath & Beyond. Enjoy easy access to I-95 and proximity to the Merritt Parkway, with the planned West Ave Norwalk Mall approximately 2.3 miles away. The 1.12-acre lot provides ample space, and the asking price has been reduced to an attractive $2,975,000. This is a rare opportunity to acquire a well-located, versatile commercial property in a high-demand area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $595,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,290,000
Market price range: $987k - $3.20M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Norwalk
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.3858
- Latitude
- 41.1287
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
