2 Woodward Avenue
Norwalk, CT 06854
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.
Angel Commercial, LLC
|Real Estate Taxes:||$15,346.68 (2022)|
|Eligibility:||Designated Opportunity Zone|
|Total Space Available:||7, 189 SF|
|Gross Building Area:||7,189 SF|
|Zoning:||Industrial No. 1 (I1)|
|Construction:||Stucco / Concrete|
|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|
|A/C:||Office & Apartment|
|Demographics||3 Miles||5 Miles|
|Median HH Income:||