49 Wall St 4,581 SF 100% Leased Retail Building Norwalk, CT 06850 $1,307,248 CAD ($285.36 CAD/SF)

Investment Opportunity | Mixed-Use Asset | Wall Street Corridor. Positioned in the heart of Norwalk’s rapidly transforming Wall Street district, this 3,608± SF mixed-use brick asset offers immediate utility with strong long-term upside. Located within a major economic development corridor, the property benefits from high visibility, established foot traffic, and continued neighborhood revitalization.The asset features a 1,276 SF ground-floor retail/office space with prominent storefront exposure, complemented by an additional 1,056 SF of separately accessed first-floor space—ideal for dual tenancy or supplemental income. The upper level offers flexible, open-concept space with 10+ ft ceilings, exposed brick, and abundant natural light, well-suited for office, creative, or residential conversion (subject to approvals). Broad zoning allowances support multiple revenue strategies, including retail, office (medical/professional), restaurant/hospitality, fitness, and cultural uses. A full basement provides additional storage capacity. Investment highlights include: Opportunity Zone designation with potential federal tax advantages, potential eligibility for ~30% historic tax credits, qualification for the Norwalk Storefront Improvement program, proven location with a long-standing retail history (former Kosta Jewelers, 30+ years). This is a value-add opportunity in a supply-constrained, high-growth submarket—ideal for investors seeking a mixed-use asset with income diversification, repositioning potential, and meaningful tax incentives.