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122 S Main St 1 Unit Apartment Building $2,834,400 CAD ($2,834,400 CAD/Unit) Norwalk, CT 06854



Executive Summary
Exceptional investment opportunity offering flexible residential and commercial potential in highly developing South Norwalk, CT. Located in the SD-LI (Special Development - Light Industrial) District, this property supports a wide range of permitted uses including light manufacturing, contractor operations, warehousing, distribution, research and development, automotive-related services, flex space, and other commercial or mixed-use possibilities (subject to local approvals). Positioned on a generous 0.37-acre parcel with direct access from South Main Street, the property benefits from strong visibility, easy accessibility, and high functional utility-ideal for owner-users, developers, or investors seeking income-producing or redevelopment potential. The lot is level, dry, and not located in a flood zone, significantly reducing development risk and insurance costs while enhancing long-term value. With its prime location in rapidly growing South Norwalk, flexible zoning, and solid site characteristics, this property presents a rare opportunity to capitalize on increasing demand and unlock multiple value-add scenarios. All inspections will be for informational purposes ONLY, "subject to" inspections offers will not be considered, buyer will accept in "as-is" condition. Buyers to do their due diligence and check with planning and zoning for potential use of property. Buyers will accept tenants in place.
Property Facts
| Price | $2,834,400 CAD | Lot Size | 0.37 AC |
| Price Per Unit | $2,834,400 CAD | Building Size | 4,554 SF |
| Sale Type | Investment | Average Occupancy | 70% |
| No. Units | 1 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 2.2/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | I1 - Industrial | ||
| Price | $2,834,400 CAD |
| Price Per Unit | $2,834,400 CAD |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 4,554 SF |
| Average Occupancy | 70% |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 2.2/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | I1 - Industrial |
Amenities
Unit Amenities
- Eat-in Kitchen
- Hardwood Floors
- Basement
- Deck
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NORW-000002-000079-000004 | Improvements Assessment | $829,133 CAD |
| Land Assessment | $171,269 CAD | Total Assessment | $1,000,401 CAD |
Property Taxes
Parcel Number
NORW-000002-000079-000004
Land Assessment
$171,269 CAD
Improvements Assessment
$829,133 CAD
Total Assessment
$1,000,401 CAD
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122 S Main St
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