Prime Commercial Investment Opportunity in Norwalk, Connecticut Turnkey Restaurant with High Foot Traffic area. This prime commercial property in SONO brings a fantastic investment opportunity with a strong rental income stream and a strategic location. The property is currently leased to tenants through January 2028, ensuring a steady cash flow for the next several years. The space is fully equipped with kitchen appliances that are 7 years old, providing a turnkey solution for a foodservice or restaurant operation. Situated in a high-traffic area, the property enjoys excellent visibility and foot traffic, making it an ideal spot for retail, dining, or service-oriented businesses. Located just minutes from Norwalk's waterfront and with easy access to I-95, this property benefits from strong local demand and convenient transportation links. In addition, there is ample street parking as well as a nearby municipal parking lot, offering convenience for customers and employees alike. This property presents an outstanding opportunity for investors looking to acquire a fully operational commercial space in one of Connecticut's most vibrant and growing markets.
Multiple facets of income and opportunity from this 8-unit apartment complex on the market for the first time in Norwalk, CT. Four 2 bedroom, 5 rooms and 1-bathroom units, Three 2 bedroom, 4 rooms and 1 bathroom units and One 1 bedroom, 3 rooms and 1 bathroom unit. Prime location, cross streets are R1-Connecticut Ave, Flax Hill and Washington Street in SoNo. Current rents are significantly under market value. It is within a 1/2-mile radius of the South Norwalk Train Station, Downtown SoNo, Grocery Stores, Restaurants, Parks, I-95, RT 7 Connector, The SoNo Collection and more.
Incredible opportunity for small business (owner/user). Prime US 1 location with over 40,000 car a day. Area tenants and businesses within 1,000 feet include: Home Depot, Burger King, Hoe Goods, Kohl's and Raymour Flanigan. Commercial space available for owner occupation. Over projected return based on pro-forma is 7.25 percent
9-15 Washington St in Norwalk, Connecticut, is a retail property located in the South Norwalk (SoNo) district, an area known for its historical charm and bustling commercial activity. This property is strategically situated in a high-traffic area, making it ideal for businesses seeking visibility and accessibility. with 4 income producing businesses. Numerous uses, from boutiques to restaurants, contributing to the vibrant and diverse commercial environment of Washington Street.
5 Washington St in Norwalk, Connecticut, is a commercial property located in the South Norwalk (SoNo) district, an area known for its vibrant mix of dining, retail, and cultural attractions. The property is part of a retail space that spans from 5 to 17 Washington Street. Located near major roads and local businesses. The building itself is designed for retail use, making it suitable for businesses looking to establish a presence in the bustling SoNo area.
17 Washington Street in Norwalk, Connecticut, is a significant commercial property located in the vibrant South Norwalk (SoNo) area. This property is a mix of office and retail space, spanning approximately 37,000 square feet. The building is ideally situated in a high-traffic area, making it a prime location for businesses looking to capitalize on the bustling environment of SoNo. The property is well-suited for various uses, including office spaces, creative workspaces, and retail establishments. With a possible conversion to over 120 units. It is ample square footage for multiple tenants or a large single user, with the possibility of reconfiguring the space to suit specific business needs. Given its central location, tenants benefit from easy access to local amenities, restaurants, and entertainment options, which are abundant in the surrounding SoNo district.
Broker Owner is looking for a Partner. Must have Brokers license or qualify for one. Best attribute is willing to work together in synergy to accomplish set goals and acknowledge existing business. Willing to train and or groom a willing and able contributor.
The median home value in Norwalk, CT is $527,600. This is lower than the county median home value of $552,700. The national median home value is $338,100. The average price of homes sold in Norwalk, CT is $527,600. Approximately 53.13% of Norwalk homes are owned, compared to 39.94% rented, while 6.92% are vacant. Norwalk real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norwalk real estate agent to arrange a tour today!
Norwalk, Connecticut 06854 has a population of 90,821. Norwalk 06854 is more family-centric than the surrounding county with 35.42% of the households containing married families with children. The county average for households married with children is 34.39%.
The median household income in Norwalk, Connecticut 06854 is $91,434. The median household income for the surrounding county is $101,194 compared to the national median of $69,021. The median age of people living in Norwalk 06854 is 40.4 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 50.4 inches per year, with 29 inches of snow per year.