165-167 Main, Norwalk, CT 06851

$1,800,000
  • 165-167 Main, Norwalk, CT 06851 Main Photo

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New to the Market Active
SQUARE FEET6,070 MLS#24200488
STATUSActive PROPERTY TYPECommercial - Business

Property 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!

165-167 Main | MLS# 24200488

This commercial property located at 165-167 Main, Norwalk, CT 06851 is currently listed for sale with an asking price of $1,800,000. Search Norwalk real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Commercial - Business
Cooling: Window Unit
Heating: Gas on Gas
Lot Size: 0.34 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $22,018
Year Built: 1965

Amenities

Window Display

Feature Descriptions

Days on Site: 3
Exterior: Sidewalk, Gutters, Lighting, Door Sign
Flooring: Wood
Lot: Corner Lot, Level Lot
Present Use: Commercial, Residential, Retail, Parking
Road Type: State Road, Paved Road
Sewer: Public Sewer Connected
Units: 5
Utility Features: Electric, Gas, Cable
Water: Public Water Connected

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty
Agent Name: Michael Angelo Tromba
Agency Phone: (203) 4294020

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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