140 Water Street

Norwalk, Connecticut 06854

Status
For Sale
Square Feet
9,856
Beds
Price
$2,350,000
Type
Commercial For Sale
Garages
Baths
0
MLS
24147122

Price

$2,350,000

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Interior Details

Interior Size
9,856 Sq Ft
Bedrooms
Bathrooms
0
Rooms Total
Garage

Exterior Details

Lot Size
0.54 Acres
Roof
Flat
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$25,170
Assessed Value
$1,053,140
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

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
Listed by Silver Pine Real Estate, Shalini Madaras. Data sourced from SmartMLS

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