Map
Listed price in listed location currency (USD).
$1,800,000

050

MLS® 24200488

Overview

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 0
Lot Size 0.34 Acres
Approx. Age 1965
MLS® Number 24200488

Property Address: 165-167 Main Street, Norwalk, CT, 06851

Average square foot calculated using Size range provided by listing agent.

Description

A rare, high-impact investment opportunity in the heart of Norwalk offering immediate income, exceptional visibility and outstanding value-add potential. Well maintained, 165-167 Main Street features 1 Commercial and 1 mixed-use building on a prominent corner along one of Norwalk's heavily traveled commercial corridors, with 14, 000+ vehicles per day and easy access to Route 7. Commercial tenants include Taste of Brazil and Minuteman Press, with Minuteman Press occupying two separate commercial spaces with split utilities, providing flexibility for up to three commercial businesses. The 2 residential apartments are well appointed with tall ceilings and generous storage space. A 1 Bed/1 Bath and 1 Studio/1 Bath with full attic and potential expansion. Major future upside: conceptual plans have been created for 8 additional apartments above the Minuteman Press building. 20 rear parking spaces with asphalt replaced just 4 years ago. Roof apx 8-10 years old, furnace apx 8 years old, and exterior and gutters completed apx 3 years ago. The corner parcel and parking area may offer further expansion possibilities, subject to approvals. A compelling combination of existing income, multiple revenue streams and significant development potential. A must-see investment opportunity!
MLS® Number24200488
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
Basement
Driveway
Garage Spaces
HeatGas on Gas
A/CWindow Unit

Extras

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