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694-696 West Ave 17,000 SF Retail Building Norwalk, CT 06850 $10,776,995 CAD ($633.94 CAD/SF)
Investment Highlights
- Two buildings on this one parcel
- Building 2 - 5,000 SF liquor store (Old Post Liquor)
- Building 1 - 12,000 SF of retail (former CVS) with a 6000 SF basement
Executive Summary
There are two buildings that come as a part of this sale. Please see the attached appraisal, which was done in 2012. We believe it has appreciated and is worth $7.75MM in todays' market.
Building 1 - 12,000 SF of retail (former CVS) with a 6000 SF basement
Building 2 - 5,000 SF liquor store (Old Post Liquor)
Building 1 - 12,000 SF of retail (former CVS) with a 6000 SF basement
Building 2 - 5,000 SF liquor store (Old Post Liquor)
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
17,000 SF
Building Class
C
Year Built
1927
Price
$10,776,995 CAD
Price Per SF
$633.94 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.02 AC
Opportunity Zone
Yes
Zoning
CBDB - Commercial Business - retail and related
Parking
60 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Balcony
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This is the 10,000 SF CVS space which comes with a full basement.
| Space | Size | Space Use | Position | Available |
| Ground | 12,000 SF | Retail | - | 60 Days |
Ground
| Size |
| 12,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 60 Days |
Ground
| Size | 12,000 SF |
| Space Use | Retail |
| Position | - |
| Available | 60 Days |
This is the 10,000 SF CVS space which comes with a full basement.
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NORW-000001-000027-000018 | Improvements Assessment | $4,424,770 CAD |
| Land Assessment | $1,468,981 CAD | Total Assessment | $5,893,751 CAD |
Property Taxes
Parcel Number
NORW-000001-000027-000018
Land Assessment
$1,468,981 CAD
Improvements Assessment
$4,424,770 CAD
Total Assessment
$5,893,751 CAD
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694-696 West Ave
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