558 Connecticut Ave Norwalk, CT 06854-1745
This exceptional commercial property at 558 Connecticut Avenue in Norwalk, Connecticut, presents a rare opportunity for a small business owner-user. Situated on a 0.13-acre lot, this property boasts a prime location on US Route 1, experiencing high daily traffic exceeding 40,000 vehicles. The strategic placement ensures significant visibility and accessibility for any business. The property's immediate vicinity is anchored by established and successful businesses, including Home Depot, Burger King, Hoe Goods, Kohl's, and Raymour Flanigan, all within a 1,000-foot radius, creating a strong and desirable commercial environment. This location offers significant potential for attracting customers and building a thriving business. The property's projected return based on a pro-forma analysis indicates a compelling 7.25 percent return on investment, making it a financially attractive proposition. The asking price for this exceptional opportunity is $1,549,000. This is an ideal location for a business seeking high visibility, strong foot traffic, and a proven commercial environment. Don't miss this chance to secure a prime commercial space in a thriving Connecticut market. Contact us today to schedule a showing and explore the possibilities.
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Michael's Cleaners (Bike/Boat/Book/etc) Store
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Post Road Cleaners (Bike/Boat/Book/etc) Store
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
Property description
Physical attributes from public recordsZoning & alternative use
B2 · 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.