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275 East Ave 12,000 SF Office Building Norwalk, CT 06855 $1,799,000 ($149.92/SF)
Investment Highlights
- I-95, Exit 16 — direct access to NYC and New Haven
- Calf Pasture Beach and Veterans Memorial Park
- Downtown Norwalk's expanding mixed-use core
- East Norwalk Metro-North Station
- SoNo (South Norwalk) restaurants, retail, and the Maritime Aquarium
Executive Summary
Exceptional infill redevelopment opportunity in the heart of East Norwalk. 275 East Avenue offers a developer the rare combination of direct water frontage, existing residential zoning, and 134 feet of street frontage — all within minutes of I-95, Metro-North, SoNo, and Calf Pasture Beach. The site is ideally suited for the conversion of a legacy industrial property into a boutique residential community of approximately 10–15 units with onsite parking, subject to municipal approvals.
275 East Avenue presents one of the most compelling small-scale waterfront redevelopment plays currently available in Fairfield County. The 0.21± acre site is improved with a two-story, 7,376± sq ft former industrial/office building (built 1890) and approximately 6,480 sq ft of paved area. The property's true differentiator is its direct water frontage. Few sites in the Norwalk market offer this combination of buildable acreage, residential zoning, and protected water views.
275 East Avenue presents one of the most compelling small-scale waterfront redevelopment plays currently available in Fairfield County. The 0.21± acre site is improved with a two-story, 7,376± sq ft former industrial/office building (built 1890) and approximately 6,480 sq ft of paved area. The property's true differentiator is its direct water frontage. Few sites in the Norwalk market offer this combination of buildable acreage, residential zoning, and protected water views.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$13,783
|
$1.15
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,783
|
$1.15
|
Financial Summary (Pro Forma - 2026)
| Taxes | |
|---|---|
| Annual | $13,783 |
| Annual Per SF | $1.15 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $13,783 |
| Annual Per SF | $1.15 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1890/1980
Price
$1,799,000
Price Per SF
$149.92
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,146 SF
Building FAR
1.31
Lot Size
0.21 AC
Zoning
C - Zone C in Norwalk, Connecticut, is designated for commercial activities. This zoning classification allows for a variety of business uses, including r
Parking
12 Spaces (1 Spaces per 1,000 SF Leased)
Amenities
- Waterfront
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Tower Optical Co. Inc.
- Wholesaler
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Tower Optical Co. Inc. | Wholesaler | - | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | NORW-000003-000042-000024 | Total Assessment | $562,080 (2025) |
| Land Assessment | $266,700 (2025) | Annual Taxes | $13,783 ($1.15/SF) |
| Improvements Assessment | $295,380 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
NORW-000003-000042-000024
Land Assessment
$266,700 (2025)
Improvements Assessment
$295,380 (2025)
Total Assessment
$562,080 (2025)
Annual Taxes
$13,783 ($1.15/SF)
Tax Year
2026
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275 East Ave
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