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594 Main Ave 5,000 SF Retail Building Norwalk, CT 06851 $3,731,228 CAD ($746.25 CAD/SF) 6.68% Cap Rate
EXECUTIVE SUMMARY
Prime corner retail at the signalized intersection of Main Avenue and West Rocks Road available for immediate occupancy. Incredible opportunity. Potential uses are: Restaurant, bank/financial institution, general retail and medical office.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
B
Year Built
1998
Price
$3,731,228 CAD
Price Per SF
$746.25 CAD
Cap Rate
6.68%
NOI
$249,210 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.48 AC
Zoning
CD-3C - General Urban - Corridor Community District. See attachment for detailed regulations. Permits up to four-story building height.
Parking
15 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
57’ on Main Ave
AMENITIES
- Property Manager on Site
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | NORW-000005-000022C-000017 | Improvements Assessment | $1,706,740 CAD |
| Land Assessment | $1,144,029 CAD | Total Assessment | $2,850,770 CAD |
PROPERTY TAXES
Parcel Number
NORW-000005-000022C-000017
Land Assessment
$1,144,029 CAD
Improvements Assessment
$1,706,740 CAD
Total Assessment
$2,850,770 CAD
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594 Main Ave
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