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Executive Summary
Two-story brick building totaling 6,270 SF, situated on 10,454.4 SF of land.
Zoned CD-4, the property allows for retail or residential development, including approximately one dwelling unit, extended-stay hotel room, or dormitory unit per 500 SF (up to ~20 units).
Property Taxes: $20,523.
This stand-alone building offers excellent visibility, strong drive-by traffic, and is within walking distance to a significant concentration of multifamily housing. The property includes 20 off-street parking spaces.
Ideally located along West Avenue—one of Norwalk’s most vibrant corridors—surrounded by luxury apartments, restaurants, retail, office space, and major mixed-use developments, the property is well suited for a boutique fitness operator, personal training studio, or franchise conversion seeking a high-visibility, turnkey location in Fairfield County.
Conveniently located near The SoNo Collection and Waypointe District, with easy access for both local residents and commuters.
Zoned CD-4, the property allows for retail or residential development, including approximately one dwelling unit, extended-stay hotel room, or dormitory unit per 500 SF (up to ~20 units).
Property Taxes: $20,523.
This stand-alone building offers excellent visibility, strong drive-by traffic, and is within walking distance to a significant concentration of multifamily housing. The property includes 20 off-street parking spaces.
Ideally located along West Avenue—one of Norwalk’s most vibrant corridors—surrounded by luxury apartments, restaurants, retail, office space, and major mixed-use developments, the property is well suited for a boutique fitness operator, personal training studio, or franchise conversion seeking a high-visibility, turnkey location in Fairfield County.
Conveniently located near The SoNo Collection and Waypointe District, with easy access for both local residents and commuters.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
6,270 SF
Building Class
C
Year Built
1961
Price
$2,400,000
Price Per SF
$382.78
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
CD-4 - Retail and Residential Development
Zoning allows 1 Dwelling Unit, Extended Stay Hotel room and/or Dormitory room per 500 sq. ft. or 20 units
Parking
40 Spaces (6.38 Spaces per 1,000 SF Leased)
Frontage
84’ on West Ave
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NORW-000001-000023-000017 | Improvements Assessment | $344,570 |
| Land Assessment | $412,540 | Total Assessment | $757,110 |
Property Taxes
Parcel Number
NORW-000001-000023-000017
Land Assessment
$412,540
Improvements Assessment
$344,570
Total Assessment
$757,110
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