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351 Westport Avenue - Garden Park Motel, Norwalk, CT

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351 Westport Avenue - Garden Park Motel

Norwalk, CT 06851-4311 - Norwalk Submarket

Property Type:Hospitality Number of Rooms:11 Status:Existing Year Built:1954
Stories:1 Building Size:11,384 SF Land Area:1.29 AC (56,192 SF)
For Sale Price:$3,895,000 Price/Room:$354,091 Cap Rate:10.00 %

Parking:.62 Parking Spaces / 1,000 SF

Four buildings; main house, garage and two hotels located on busy Route 1. Hilltop parcel with fantastic visibility. 35 surface parking spaces. Close to many retailers. Minutes from I-95.

Sale Notes:
Property: 1.29 Acres (56,192 SF)
Zone: Business 2
Parking: 35 Surface Spaces +
Structures: 4 buildings totaling 11,384 SF
Main House: 2,969 SF
Garage: 1,584 SF
Hotel Building One: 11 Rooms, 2,896 SF
Hotel Building Two: 10 Rooms, 3,935 SF
Excellent Route #1 Location just minutes from I-95.
Hilltop Parcel with fantastic visibility.
One of the last large lots available for development in the area.
25,000+ cars per day.
Perfect for Mixed Use.

Close to many major retailers:
Stew Leonards
Whole Foods

HK Group
David Lindland
(203) 984-0337

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