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148 East Ave - Riverview East - Multi-Unit Investment 21,393 SF Office/Medical Condo Unit in Norwalk, CT 06851

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INVESTMENT HIGHLIGHTS

  • Attended lobby during business hours
  • Drop-off and pick-up area for patients
  • Close to other medical buildings
  • Less than 1-mile from East Norwalk Train Station
  • Close proximity to I-95 and Route 7
  • Parking Ratio: 4.5/1,000

EXECUTIVE SUMMARY

For further details and financials, please contact Kurt Herold at Kherold@Corcoran.com or 917-721-1000. Wexler Healthcare Properties is pleased to present an exceptional investment opportunity featuring a strategically located medical office property in Norwalk, Connecticut, situated less than 2 miles from Norwalk Hospital. This asset is anchored by a major hospital system with an investment-grade credit rating, providing for long-term stability. The property encompasses approximately 21,393 rentable square feet across nine condominium units combined into four separate offices which house radiology, cardiology and urogynocology practices. The suites are thoughtfully designed with numerous well-equipped exam rooms, consultation offices, and spacious waiting and reception areas. Key features include: •New imaging center •100% occupied by credit tenant •Ample parking (4.5/1,000) •Renovated lobby •Close to other medical buildings •Total building is approximately 120,000 RSF •Close proximity to I-95 and Route 7 •Drop-off and pick-up area for patients •Less than 1-mile from East Norwalk Train Station •Attended lobby during business hours This secure investment is further strengthened by recently signed, long-term leases for the majority of the space, providing a reliable, passive income stream.

DATA ROOM Click Here to Access

PROPERTY FACTS

Total Building Size 120,000 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 3
Typical Floor Size 40,000 SF
Year Built 1984
Lot Size 6.17 AC
Zoning med/comm - EAST AVE VILLAGE DISTRICT

AMENITIES

  • Atrium
  • Concierge
  • Waterfront
  • Reception
  • Air Conditioning

1 UNIT AVAILABLE

Unit MED

Unit Size 21,393 SF
Condo Use Office/Medical
Sale Type Investment or Owner User
DESCRIPTION

For further details and financials, please contact Kurt Herold at Kherold@Corcoran.com or 917-721-1000.

Wexler Healthcare Properties is pleased to present an exceptional investment opportunity featuring a strategically located medical office property in Norwalk, Connecticut, situated less than 2 miles from Norwalk Hospital. This asset is anchored by a major hospital system with an investment-grade credit rating,
providing for long-term stability.

The property encompasses approximately 21,393 rentable square feet across nine condominium units combined into four separate offices which house radiology, cardiology and urogynocology practices. The suites are thoughtfully designed with numerous well-equipped exam rooms, consultation offices, and
spacious waiting and reception areas.

Key features include:

  • New imaging center
  • 100% occupied by credit tenant
  • Parking ratio: 4.5/1,000
  • Renovated lobby
  • Close to other medical buildings
  • Total building is approximately 120,000 RSF
  • Close proximity to I-95 and Route 7
  • Drop-off and pick-up area for patients
  • Less than 1-mile from East Norwalk Train Station
    Attended lobby during business hours

    This secure investment is further strengthened by recently signed, long-term leases for the majority of the space, providing a reliable, passive income stream.

SALE NOTES

For further details and financials, please contact Kurt Herold at Kherold@Corcoran.com or 917-721-1000.

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  • Listing ID: 36270686

  • Date on Market: 2025-06-16

  • Last Updated:

  • Address: 148 East Ave, Norwalk, CT 06851

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