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9 Mott Ave - Union Park Professional Bldg 1,250 SF Office Condo Unit Offered at $244,286 CAD in Norwalk, CT 06850

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PROPERTY FACTS

Total Building Size 40,000 SF
Property Type Office (Condo)
Building Class B
Floors 4
Typical Floor Size 3,000 SF
Year Built 1968
Lot Size 0.89 AC
Parking Ratio 2.48/1,000 SF
Opportunity Zone Yes
Zoning Central Business

AMENITIES

  • Bus Line
  • Air Conditioning

1 UNIT AVAILABLE

Unit 207

Unit Size 1,250 SF
Price $244,286 CAD
Price Per SF $195.43 CAD
Condo Use Office
Sale Type Investment
Cap Rate 9.14%
NOI $22,334.72 CAD
DESCRIPTION

5 individual offices, Lobby & conference room.
2 bathrooms and 2 entrances. Possible to sublet 1 large office with a bathroom and separate entrance or use the single office and sublet the 4 offices with conference room.

SALE NOTES

Union Park Professional Condominium Association is a 39 unit commercial condo building in convenient location. Easy access from the highway. Walk to Wall Street, Library, Post Office and more. Association owns 3 separate parking areas.

This portfolio includes 5 fully leased Office Condos.
$175,000 for each unit. Seller willing to provide financing.
Units included: 104, 105, 203, 207, 307.
Units have undergone renovations and upgrades.  

Some leases shorter than others which would allow for owner occupancy.

Agent has ownership stake.

Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33550527

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 9 Mott Ave, Norwalk, CT 06850

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