For Sale
$1,100,000

189 East Ave Norwalk, CT 06855

Prime Norwalk location, 2-unit mixed-use building.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional mixed-use property, located at 189 East Avenue in Norwalk, Connecticut, presents a unique investment opportunity. The 2,116 square foot building, constructed in 1920 and renovated in 1996, sits on a 0.11-acre corner lot in the desirable East Norwalk Village District, boasting high visibility with an average daily traffic volume of 17,000. The property features two units: a 946 square foot commercial space currently operating as a beauty salon, including a half-bath; and a 1,170 square foot residential unit offering two bedrooms and two full bathrooms. The building is zoned EVTZ (effective 2/19/24), offering significant potential for future development. Recent upgrades include new hardwired smoke and CO2 detectors, a new water main, a new sewer line, and three pairs of motion sensor flood lights. The asking price is $1,100,000, translating to $519.85 per square foot. This fee simple ownership opportunity provides immediate access to I-95, making it an ideal owner-user investment. Please note that crystal door knobs, all furniture, and surveillance cameras are excluded from the sale. The property's APN is 3/13/50. This is a rare chance to acquire a well-maintained, mixed-use property in a thriving Connecticut location.

Highlights

  • $1,100,000 asking price for this mixed-use (retail/residential) property.
  • 2,116 square feet on a 0.11-acre lot in Norwalk, CT.
  • Two units: 946 SF commercial space (currently a beauty salon) and 1,170 SF residential space (2 bed, 2 bath).
  • Located in the East Norwalk Village TOD Zone (EVTZ), offering high visibility with 17,000 ADTV and immediate I-95 access.
  • Built in 1920, renovated in 1996, this Class C property features new smoke/CO2 detectors, water main, sewer line, and motion sensor flood lights.
  • Fee simple ownership with a broker co-op available.

Property Details for 189 East Ave

Property type
Mixed-use properties
Square Feet
2,116 SF
Class
C
Year Built/Renovated
1920/1996
Buildings
1
Stories
25
Lot Size (sq. ft)
4,792 SF
Units
2

Location Insight

City
Norwalk
County
Fairfield
State
Connecticut
Latitude
41.10703204558
Longitude
-73.405166585093

FAQs

What type of property is this?
Mixed-use property - Prime Norwalk location, 2-unit mixed-use building.
Where is the mixed-use property located?
The property is located at 189 East Ave Norwalk, CT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: $1,100,000 asking price for this mixed-use (retail/residential) property.; 2,116 square feet on a 0.11-acre lot in Norwalk, CT.; Two units: 946 SF commercial space (currently a beauty salon) and 1,170 SF residential space (2 bed, 2 bath).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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189 East Ave
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