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$ 2,000,000
Est. payment | /mo
4 Baths
7,821 SqFt
$ 2,000,000
Est. payment | /mo
4 Baths
7,821 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,821 sqft
Price per Sqft $255
MLS Listing ID 24217536
Full Baths 4
Year Built 1958
Annual Tax Amount $23,224
Lot Size 0.640 Acres
Property Description
An excellent opportunity for investors to acquire a mixed use commercial property in the heart of South Norwalk, one of Norwalk's most evolving and increasingly desirable neighborhoods. Located at 59 Woodward Ave. This property is offering both 59, 61 and 63 Woodward Ave, creating an attractive investment opportunity with multiple potential income streams. The property features two commercial storefront opportunities, a large 2 car garage with each bay door measuring at 12ft & 10ft in height and 4 residential apartments providing a diversified mix of commercial and residential rental potential. The property also has additional enclosed carport space located in the rear of the building providing ample storage space for equipment or vehicles. The residential units consist of 2, two bedroom apartments and 2, one bedroom apartments, offering a variety of rental options to appeal to different tenant needs. For investors seeking to expand their portfolio, reposition an existing asset, or capitalize on the continued development of the surrounding area, this property offers a compelling combination of mixed-use functionality, multiple rental opportunities, and long term appreciation.
Location
State CT
County Fairfield
Zoning C
Interior
Interior Features Living Space Available, Public Restrooms, Security System, Window Display
Heating Hot Water
Cooling Window Unit
Exterior
Utilities Available Electric, Gas, Cable
Roof Type Rubber
Building
Lot Description Level Lot, Cleared
Story 2
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Tyler Flores • BHGRE Gaetano Marra Homes
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