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Property profile & analytics
OFF-MARKET
Office Spaces

9 Mott Ave 104 Norwalk, CT 06850-3330

1,176 SF Built 1973
Entity Owned 10-yr Hold
Property ID
US15-0469167
Property summary
AI-generated overview

This 1,128 square foot office condo, located at 9 Mott Avenue Unit 207 in Norwalk, Connecticut, presents a compelling investment opportunity. The property is classified as General Commercial and is offered at $175,000. A key advantage is the inclusion of access to three separate parking areas, providing ample parking for staff and clients. The current lease structure offers flexibility, with some leases shorter than others, presenting a potential for owner-occupancy. This allows for immediate use or the ability to transition to full occupancy over time. The building's convenient location within Norwalk adds to its appeal. Furthermore, the seller demonstrates a willingness to explore financing options, making this property accessible to a wider range of potential buyers. This is an excellent chance to acquire a well-situated office condo in a desirable Connecticut market, with the added benefit of potential seller financing. The property's size and parking provisions make it suitable for a variety of commercial uses. The flexible lease terms offer a unique opportunity for immediate income generation and future expansion. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1973
Construction STEEL FRAME
Total area 1,176 SF
Zoning code CBDB
APN NORW M:1 B:26 L:30-1-4
UPID US15-0469167
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
  • Anilom Mortgage Corporation Loan Service Bank
  • Schafer Law Law Firm
  • Williams III Allen L Law Firm
  • Law Offices of Lawrence D. Church, LLC Law Firm
  • Dr. Richard J. Annulli, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Family Re Entry INC · 10 yrs held
Family Re Entry INC
since 2016
4 recorded transactions
2016
$150,000
2001
$130,000
1999
$91,000
1993
$51,192
Zoning & alternative use
CBDB · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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