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31-35 S Main St 18,194 SF Vacant Retail Building Norwalk, CT 06854 $2,350,000 ($129.16/SF)
Investment Highlights
- Adjacent to new Marriott Hotel
- Opportunity to redevelop
- Significant Redevelopment Occurring in Neighborhood
Executive Summary
Very rare opportunity to own entire building/property in the SONO district adjacent to many completed and underway projects such as the Marriott Hotel, Platform by Spinnaker, and Webster Block project. Perfect for owner use or a new build investment. Additionally, neighboring property at 25 S Main Street may be available for a combined development project.
Property being sold as is. Potential for redevelopment in WSDD district allowing for up to 5 stories. Buyer must do due diligence
Property being sold as is. Potential for redevelopment in WSDD district allowing for up to 5 stories. Buyer must do due diligence
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
18,194 SF
Building Class
C
Year Built
1927
Price
$2,350,000
Price Per SF
$129.16
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.90
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
WSDD - Zoned for office, retail or multi family
Frontage
Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NORW-000002-000045-000012 | Improvements Assessment | $1,079,290 |
| Land Assessment | $276,000 | Total Assessment | $1,355,290 |
Property Taxes
Parcel Number
NORW-000002-000045-000012
Land Assessment
$276,000
Improvements Assessment
$1,079,290
Total Assessment
$1,355,290
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31-35 S Main St
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