2 Woodward Avenue, Norwalk, CT 06854

2 Woodward Avenue

Norwalk, CT 06854

2 Woodward Avenue Norwalk CT

Commercial Mixed-Use Property for Sale @ $995,000
Includes Large Second Floor Apartment

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to present a mixed-use commercial property at 2 Woodward Avenue in Norwalk, CT, for sale at $995,000. The 7,189 SF building on 0.32-acres is conveniently located at a signalized four-way intersection at the corner of South Main Street and Woodward Avenue.  The property is easily accessible, with two curb cuts and 52 linear feet of frontage on South Main Street. In a Designated Opportunity Zone, the purchaser of this property may be eligible for significant capital gains tax benefits.

The property features a 2,440 SF garage with 10' 9" ceilings, accessible by four drive-in doors (10' H x 10' W). There are bays for five vehicles. The garage portion includes a private office with a restroom and shower. There is an additional 1,611 SF of office space adjacent to the garage, which is easily customizable to your specifications. This portion of the building contains a kitchenette, two restrooms, and some unique architectural features, such as a skylight and an original tin ceiling above the existing dropped ceiling. Two rear exit doors lead to a canopied area at the back of the building. On the second floor is a 1,092 SF 2 BR, 1 BA apartment with a second egress and two additional rooms, which can easily be divided into separate offices.  There is the potential for a total of 9 parking spaces in the front and rear of the building.  The rear parking lot is gated, and the property has a security system.

The Industrial No. 1 (I1) zone permits many uses, including manufacturing, office, showroom/retail, auto garage and warehouse/office. There is the potential for rental income from the upstairs apartment.

2 Woodward Avenue is in the South Norwalk section of Norwalk, with proximity to industrial and retail businesses, craft breweries, restaurants, and many newly constructed residential units. The property is steps from a Norwalk Transit Bus Stop, 1.4 miles from I-95 (Exit 15 - Route 7/Maritime Aquarium), and 1.5 miles to the South Norwalk Metro-North Train Station.

For more information, contact Eva Kornreich, Vice President, Angel Commercial, LLC, at (203) 335-6600, Ext.​ 23.

DOCUMENTS

LISTING BROKER
Eva Kornreich
Vice President
Angel Commercial, LLC

PROPERTY DETAILS 

STREET VIEW

Financial Information
Sale Price: $995,000
Real Estate Taxes: $15,346.68 (2022)
Eligibility: Designated Opportunity Zone
The Site
Total Space Available: 7, 189 SF
Gross Building Area: 7,189 SF
Land: 0.32 Acres
Zoning: Industrial No. 1 (I1)
Year Built: 1954
Construction: Stucco / Concrete
Tenancy: Multiple
Stories: Two
Features
Traffic Count: 9,017 Average Daily Volume
Parking: Potential for 9 Surface Spaces
Ceiling Height: 10’ 9” (Garage Area)
Loading: Four Drive-in Doors (10' H x 10’ W)
Amenities: Security System, Gated Rear Parking Lot, Skylight, Kitchenette
Utilities
Water/Sewer: City/City
A/C: Office & Apartment
Heating: Oil
Demographics 3 Miles 5 Miles
Population:
81,218
129,543
Median HH Income:
$88,390
$111,748

STREET VIEW 

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