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$ 2,350,000
Est. payment | /mo
9,856 SqFt
$ 2,350,000
Est. payment | /mo
9,856 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,856 sqft
Price per Sqft $238
MLS Listing ID 24147122
Year Built 1955
Annual Tax Amount $25,170
Lot Size 0.540 Acres
Property Description
140 Water Street, Norwalk - Prime SoNo Mixed-Use Opportunity. Exceptional opportunity in the heart of downtown SoNo on its main retail corridor. 140 Water Street is a 9,856 SF commercial building w/32 on-site parking spaces, offering outstanding visibility, access, and long-term upside. Property presents mixed-use redevelopment potential, including the possibility of conversion to an 11-12 unit residential building featuring spacious 2 & 3-bedroom apartments, with grd-level commercial space. A conceptual redevelopment scenario reflects approximately 22,500 SF across 4 levels, w/select water views fn upper floors. Architectural renderings are available for review. This offering is particularly well-suited for an end user, investor, or developer, w/multiple paths for repositioning, expansion, or collaboration. Owner is open to creative structures & partnership discussions, adding flexibility to an already compelling opportunity. Unmatched location within walking distance to SONO Collection Mall (Nordstrom & flagship retailers), acclaimed restaurants, cafes, bakeries, boutiques, marinas, maritime center, movie theaters, parks, museums, squash courts, beaches, and public transportation including Metro-North rail. Immediate access to major highways & freeways further enhances convenience & regional connectivity. A rare chance to acquire a lg-scale asset in Fairfield County's most vibrant & evolving waterfront districts, offering current utility & significant future potential
Location
State CT
County Fairfield
Zoning MC
Interior
Heating Hot Air
Cooling None
Flooring Wall-to-Wall Carpet
Exterior
Utilities Available Electric, Gas, Phone Available, Cable
Roof Type Flat
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Shalini Madaras • Silver Pine Real Estate
Nearby Locations
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Ilka Torres
Broker License ID: REB.0794005