140 Water Street
Norwalk, CT, 06854 $ 2,350,000
Bedrooms-- Baths-- Sq 9,856 Monthly Estimate*
$ 14,469
for $2,350,000. This 9,856 square foot building was built in 1955 on a lot size of 0.54.
140 Water Street, Norwalk - Prime SoNo Mixed-Use Opportunity. Exceptional opportunity in the heart of downtown SoNo on its main retail corridor. 140 Water Street is a 9,856 SF commercial building w/32 on-site parking spaces, offering outstanding visibility, access, and long-term upside. Property presents mixed-use redevelopment potential, including the possibility of conversion to an 11-12 unit residential building featuring spacious 2 & 3-bedroom apartments, with grd-level commercial space. A conceptual redevelopment scenario reflects approximately 22,500 SF across 4 levels, w/select water views fn upper floors. Architectural renderings are available for review. This offering is particularly well-suited for an end user, investor, or developer, w/multiple paths for repositioning, expansion, or collaboration. Owner is open to creative structures & partnership discussions, adding flexibility to an already compelling opportunity. Unmatched location within walking distance to SONO Collection Mall (Nordstrom & flagship retailers), acclaimed restaurants, cafes, bakeries, boutiques, marinas, maritime center, movie theaters, parks, museums, squash courts, beaches, and public transportation including Metro-North rail. Immediate access to major highways & freeways further enhances convenience & regional connectivity. A rare chance to acquire a lg-scale asset in Fairfield County's most vibrant & evolving waterfront districts, offering current utility & significant future potential
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FeaturesGeneralZoning MC
Neighborhood SONO
County Fairfield
Tax Year July 2025-June 2026
Location Highway Access Downtown Historic Area Shopping Mall Retail Corridor
Property Type Commercial For Sale
Status Active
Acres 0.54
Directions Water Street to #140 it is the pink building next to Rex Marina and in front of Paganos Seafood.
City Norwalk
Sq Ft Total 9856
DOM 1
Year Built 1955
Present Use Flexible
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InteriorUtilities Available Electric Gas Phone Available Cable
Cooling System None
Total Number of Units 1
Flooring Wall-to-Wall Carpet
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ExteriorWater Source Public Water Connected
Lot Description Level Lot
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* Excluded FeaturesList ByShalini MadarasListing Agent
Silver Pine Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $14,469
- Monthly Property Taxes
- $2,098
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Norwalk, CT
Average List Price $1,861,141
Percent of Sale Price 21%
About Norwalk, CT 90,514 Population
9% Since 2002
$ 82,872 Median Income
40.96 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/5/2026 | $2,350,000 | | Listed Price |