38
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$1,800,000
Est. payment /mo
5 Baths
6,070 SqFt
New
165-167 Main Street Norwalk, CT 06851
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,070 sqft
Price per Sqft $296
MLS Listing ID 24200488
Full Baths 2
Half Baths 3
Year Built 1965
Annual Tax Amount $22,018
Lot Size 0.340 Acres
Property Description
A rare, high-impact investment opportunity in the heart of Norwalk offering immediate income, exceptional visibility and outstanding value-add potential. Well maintained, 165-167 Main Street features 1 Commercial and 1 mixed-use building on a prominent corner along one of Norwalk's heavily traveled commercial corridors, with 14,000+ vehicles per day and easy access to Route 7. Commercial tenants include Taste of Brazil and Minuteman Press, with Minuteman Press occupying two separate commercial spaces with split utilities, providing flexibility for up to three commercial businesses. The 2 residential apartments are well appointed with tall ceilings and generous storage space. A 1 Bed/1 Bath and 1 Studio/1 Bath with full attic and potential expansion. Major future upside: conceptual plans have been created for 8 additional apartments above the Minuteman Press building. 20 rear parking spaces with asphalt replaced just 4 years ago. Roof apx 8-10 years old, furnace apx 8 years old, and exterior and gutters completed apx 3 years ago. The corner parcel and parking area may offer further expansion possibilities, subject to approvals. A compelling combination of existing income, multiple revenue streams and significant development potential. A must-see investment opportunity!
Location
State CT
County Fairfield
Zoning CD-3C
Interior
Interior Features Window Display
Heating Gas on Gas
Cooling Window Unit
Flooring Wood
Exterior
Exterior Feature Sidewalk, Gutters, Lighting, Door Sign
Utilities Available Electric, Gas, Cable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Level Lot
Story 2
Foundation Block
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Michael Tromba • Keller Williams Realty
NEARBY SCHOOL & BUSINESS
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