Commercial Real Estate News
Commercial Property in Norwalk Sells for $965,000
NORWALK, CT – FEBRUARY 13, 2020: 70 Fort Point LLC has purchased the commercial property located at 70 Fort Point Street in Norwalk, CT, for $965,000 announced Jon Angel, President of Angel Commercial, LLC, a commercial real estate firm based in Southport, CT. The 0.38-acre property is comprised of two buildings: an 8,600 SF mixed-use building and a 1,797 SF one-story building.
Previously owned by Mizing Paloian Trust, the property is in an industrial #1 zone adjacent to the Metro-North Railroad line and near restaurants, banks, and shopping.
“The buyer is a mechanical contractor,” states Angel, who represented the seller in this transaction. “They plan to occupy a portion of the building while keeping current tenants in place.” John Zervos of DVB Commercial Realty Inc. represented the buyer.
Angel Commercial, LLC, is an award-winning full-service commercial real estate brokerage firm headquartered in Fairfield County, Connecticut. The company specializes in the acquisition, disposition, and leasing of office, industrial, retail, land, investment, and development properties on a local and national level. Visit Angel Commercial, LLC, on the web at www.angelcommercial.com.