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    OFF-MARKET
    Residential income homes

    99 Main St, Norwalk, CT 06854-3163

    2,957 SF 0.35 ac lot Built 1900
    Individually Owned 14-yr Hold Free & Clear
    Property ID
    US15-1325471
    Property summary
    AI-generated overview

    This exceptional 4,316 square foot Class B office condo, located at 99 Main Street in Norwalk, Connecticut, presents a unique investment opportunity. Built in 1940 and fully renovated in 2005, this two-story building boasts a blend of historic charm and modern functionality. The property features a desirable mix of open and private spaces, including 3,143 square feet of partially open floor plan, five individual offices, three bathrooms, and a kitchen. The interior showcases exposed brick walls, creating a warm and inviting atmosphere. A significant advantage is the semi-finished 2,625 square foot basement, offering substantial potential for expansion. Outdoor amenities include a second-floor deck complete with a grill. The building is zoned CD-3C and enjoys a highly visible location on the Route 7 corridor, providing easy access from Route 1 and Route 7. Its prime location offers unparalleled convenience, with numerous dining options nearby, including restaurants, bakeries, and a food truck. The asking price is $1,295,000, translating to $300.05 per square foot. This property is ideal for businesses seeking a prestigious and well-equipped office space in a thriving Connecticut location. The building's combination of historical character and modern updates makes it a truly unique offering.

    Property profile
    Verified
    Property type Residential income homes
    Use group APARTMENT HOUSE (UNDER 5 UNITS)
    Year built 1900
    Construction FRAME
    Total area 2,957 SF
    Lot 0.35 ac (15,246 SF)
    Zoning code D
    APN NORW M:2 B:63 L:8
    UPID US15-1325471
    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
    • LW Brand Design Advertising Agency Marketing & Advertising
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Macri T Angelo · 14 yrs held
    Macri T Angelo
    since 2011
    2 recorded transactions
    2011
    $1
    2010
    $1
    Zoning & alternative use
    D · Norwalk, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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