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35 Chapel St 0.31 Acres of Commercial Land Offered at $659,000 in Norwalk, CT 06850
Investment Highlights
- Minimal site work.
- Allows mixed uses.
- Corner lot.
Executive Summary
Great opportunity for investors or users. This development lot is located in the CD-3 General Urban Community District, which allows, mixed uses and development up to 3.5 stories and 80.0% impervious surface coverage. Residential density of 1,650 SF of land per unit or 8 apartment units. Potential uses are retail or medical office (ground level).
Property Facts Under Contract
| Price | $659,000 | Proposed Use | Apartment Units |
| Sale Type | Investment or Owner User | Total Lot Size | 0.35 AC |
| No. Lots | 1 | Cross Streets | Commerce |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | CD-3 (General Urban Comm) - Allows mixed uses, including retail, office, medical office and residential apartments. Potential density (not considering cov parking) is 8,500 SF. | ||
| Price | $659,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.35 AC |
| Cross Streets | Commerce |
| Opportunity Zone |
Yes |
| Zoning | CD-3 (General Urban Comm) - Allows mixed uses, including retail, office, medical office and residential apartments. Potential density (not considering cov parking) is 8,500 SF. |
1 Lot Available
Lot
| Price | $659,000 | Lot Size | 0.31 AC |
| Price Per AC | $2,125,806.45 |
| Price | $659,000 |
| Price Per AC | $2,125,806.45 |
| Lot Size | 0.31 AC |
Corner, level with with minimal to no site work required. All utilities available.
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | NORW-000001-000028-000012 | Improvements Assessment | $0 |
| Land Assessment | $295,160 | Total Assessment | $295,160 |
Property Taxes
Parcel Number
NORW-000001-000028-000012
Land Assessment
$295,160
Improvements Assessment
$0
Total Assessment
$295,160
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35 Chapel St
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