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94 Washington St 4,038 SF Office/Retail Condo Unit Offered at $599,000 in Norwalk, CT 06854
Investment Highlights
- Prime SoNo street-front retail condo
- Full Basement Included
- Ideal Owner-User or Investor
- Price Reduced to $599,000
- Income + Value-Add Opportunity
- Surrounded by destination dining & shops
Executive Summary
Rare hybrid ownership opportunity in the heart of South Norwalk’s historic retail district. Located at 94 Washington Street and now offered at a reduced price of $599,000, this ground-floor commercial condominium features a dedicated storefront entrance, expansive street-front windows, and a flexible open layout well suited for retail, boutique, gallery, salon, studio, or professional/service use. The offering also includes a full lower-level basement approximately equal in size to the main floor, providing valuable storage, operational, or auxiliary space for a wide range of users. The unit presents a compelling income-plus-value-add profile. A portion of the space is currently leased, while the remaining area is vacant and available for an owner-user or new tenant, offering the ability to offset occupancy costs or execute a lease-up strategy to achieve full market rents. Upon full vacancy in May 2026, investors have the opportunity to reposition and stabilize the asset within one of SoNo’s most active retail corridors. Positioned on one of the most dynamic blocks in the district, the property benefits from strong pedestrian traffic, destination dining, boutique retail, entertainment venues, and consistent daytime population. The site is further supported by proximity to The SoNo Collection, the Maritime Aquarium, Metro-North Railroad, structured parking, waterfront amenities, and surrounding luxury residential development. A proven urban submarket with year-round foot traffic and continued redevelopment momentum makes this an attractive opportunity for both investors and owner-users seeking long-term presence in one of Norwalk’s most desirable commercial corridors.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Basement
- Office
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Private Bathroom
1 Unit Available
Unit 1A
| Unit Size | 4,038 SF | Condo Use | Office/Retail |
| Price | $599,000 | Sale Type | Investment or Owner User |
| Price Per SF | $148.34 |
| Unit Size | 4,038 SF |
| Price | $599,000 |
| Price Per SF | $148.34 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
Description
Ground-floor commercial condominium located within the historic 94 Washington Street mixed-use building in SoNo. This street-front unit features its own dedicated storefront entrance and expansive display windows along Washington Street. The offering includes a deeded commercial condominium interest plus a full lower-level basement approximately equal in size to the main floor, providing valuable storage and operational flexibility.
The entire unit will be delivered vacant in May 2026, presenting a clean opportunity for an owner-user or investor within the heart of the Washington Street Design District. The monthly association fee covers building and common area maintenance, structural insurance, trash, and shared utilities in accordance with the condominium documents.
Well positioned within one of SoNo’s most established and walkable commercial corridors, the property benefits from continued neighborhood investment, strong pedestrian activity, and long-term retail demand.
Sale Notes
Newly Reduced to $599,000 — Rare opportunity to acquire a highly visible street-front commercial condominium in the heart of SoNo’s Washington Street Design District.
The front retail/storefront space is currently vacant, providing immediate presence and ease of showings, while the remaining portion will be delivered vacant in May 2026. The offering also includes a full lower-level basement approximately equal in size to the main floor, providing valuable storage and operational flexibility. This creates a unique opportunity for an owner-user to plan future occupancy or for an investor to reposition and lease the entire space at market rates upon full vacancy.
Positioned along one of Norwalk’s most active pedestrian corridors, the property benefits from strong foot traffic, established surrounding retail and dining, and continued long-term growth within one of Norwalk’s most sought-after commercial districts. With light cosmetic updates and strategic improvements, the asset offers meaningful upside in both rental income and overall value.
Buyer to perform all due diligence regarding zoning and permitted uses with the City of Norwalk Planning & Zoning Department and the condominium association. Financials, HOA information, and related documents available upon request. Showings by appointment only.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $25.00 | 4,038 |
| Studios | 1 | $10.00 | 4,038 |
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Ivy Rehab Physical Therapy |
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|
May 2031
|
Presented by
94 Washington St
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