5 Merritt PlNorwalk, CT 06854

Property Details for 5 Merritt Pl

Year built

1953

Construction

STEEL FRAME

Lot size

0.12 AC

Property size (Sq ft)

4,370 SF

Zone code

D

Property type

Industrial properties

Property subtype

Other industrial properties

APN

NORW M:2 B:77 L:8

APU

NORWM2B77L8

Description

This exceptional 4,370 square foot industrial property, located at 5 Merritt Place, offers a versatile space ideal for various uses, including manufacturing, flex space, R&D, or warehousing. The single-tenant building boasts 11-foot ceilings and a convenient 10-foot overhead door, facilitating efficient loading and unloading. One drive-in bay simplifies operations. The property includes a bathroom, kitchen, and central air conditioning, enhancing comfort and functionality. Ample parking is provided with four designated spaces. The building is equipped with a 200 AMP electrical service. Situated off Chestnut Street, this location offers easy access to I-95, approximately half a mile away. The property is zoned CD-4 and qualifies for Enterprise Zone benefits, including real estate and personal property tax abatements. This presents a significant financial advantage for the owner. The building's features and prime location make it an attractive opportunity for businesses seeking a functional and strategically located industrial space in Fairfield County. The single-tenant occupancy ensures ease of management and control.

• Alternative Use

  Use

  Valuation

  Residential

  $826,975

  Hospitality

  $757,505

  Educational

  $630,235

  Medical

  $651,910

  Retail

  $980,365

Location Insight

City

Norwalk

County

Fairfield

State

Connecticut

Latitude

41.0926

Longitude

-73.421

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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