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$ 950,000
Est. payment | /mo
3 Baths
3,660 SqFt
$ 950,000
Est. payment | /mo
3 Baths
3,660 SqFt
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,660 sqft
Price per Sqft $259
MLS Listing ID 24171829
Full Baths 3
Year Built 1920
Annual Tax Amount $14,670
Lot Size 10,454 Sqft
Property Description
A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate.
Location
State CT
County Fairfield
Zoning CD3
Interior
Heating Gas on Gas
Cooling Wall Unit
Flooring Concrete, Tile, Vinyl
Exterior
Utilities Available Electric, Gas, Telephone, Cable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Block
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Jennifer McDade • BHHS Darien/New Canaan
Nearby Locations
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Ilka Torres
Broker | License ID: REB.0794005