15½, 17 & 19 Wall Street | Norwalk Historic Downtown Waterfront Redevelopment Opportunity Located in Norwalk’s historic Wall Street district, 15½, 17 & 19 Wall Street offers a rare chance to acquire two connected commercial buildings with substantial repositioning potential in one of Fairfield County’s most character-rich urban corridors. Built in 1895, the property contains approximately 5,196 square feet across street-level and lower-level space and is being offered in shell condition, creating an opportunity for investors, developers, restaurateurs, or owner-users to completely customize the asset for a new vision. The surrounding area has long been known for its historic architecture, local restaurants, nightlife, and waterfront setting. While the district continues to experience reinvestment and renewed interest from independent operators and developers, opportunities to acquire interconnected buildings of this scale in the downtown core remain extremely limited. With flexible CDBC Waterfront zoning, the property is well suited for a wide range of potential uses including restaurant, hospitality, retail, entertainment, office, gallery, studio, or mixed-use redevelopment. For buyers seeking a project with real upside, architectural character, and the ability to create a destination property rather than acquire a fully stabilized asset, 15½, 17 & 19 Wall Street represents a compelling value-add opportunity at an attractive basis. Property Highlights Two connected historic commercial buildings Prime downtown Wall Street location Steps from the Norwalk River waterfront Flexible redevelopment and mixed-use potential Ideal for hospitality, restaurant, retail, creative office, or entertainment concepts Rare shell-condition opportunity allowing full customization Significant upside through renovation and repositioning Offered at a basis difficult to replicate in lower Fairfield County Property Overview ±5,196 SF total building area ±2,796 SF main level ±2,400 SF lower level ±0.12 AC CDBC – Central Business District Waterfront zoning Vacant Asking Price: $750,000 PROPERTY OVERVIEW Rare opportunity to acquire two adjacent historic waterfront buildings in Norwalk's rapidly revitalizing Wall Street District. These 1895 brick structures offer approximately 5,200 SF across two parcels with direct Norwalk River views, positioned at the epicenter of over $25-30 million in planned public infrastructure improvements. The properties feature original brick façades and open interior volumes, ideal for restoration or adaptive reuse as retail, restaurant, creative office, or boutique mixed-use space. Located steps from the Neptune Boat Club and the planned pedestrian riverwalk promenade. PROPERTY HIGHLIGHTS Prime Waterfront Location Direct Norwalk River exposure with marina proximity Adjacent to planned pedestrian promenade and waterfront amenities Heart of downtown's cultural and economic renaissance Flexible CDBC Zoning Permitted uses: Retail, restaurants, breweries, offices, art studios, hotels, multifamily (subject to standards) Historic building with potential tax credit eligibility Vertical expansion opportunities Unprecedented Public Investment $25-30M committed to Wall Street corridor improvements New streetscapes, upgraded utilities, enhanced lighting and landscaping Public plazas and pedestrian amenities throughout district Adjacent Development Catalyst Wall Street Place: 155 mixed-income apartments + ground-floor retail Delivery: 2025 Impact: 465+ new residents within two blocks Value-Add Opportunity Vacant shell condition allows complete design control Projected stabilized value: $2.4M - $2.8M Potential equity creation: $500K - $900K post-renovation BUILDING BREAKDOWN 17 Wall Street Total: 3,084 SF (1,740 SF main level + 1,344 SF basement) Open floor plan with high ceilings Rear access to waterfront Full renovation required (roof, MEP, bathrooms, finishes) 19 Wall Street Total: 2,112 SF (1,056 SF main level + 1,056 SF basement) Open concept layout with tall basement ceilings Contiguous with 17 Wall Street Full renovation required (roof, MEP, bathrooms, finishes) Combined Benefits Continuous street frontage for maximum visibility Flexible single or multi-tenant configuration Coordinated or independent development options DEVELOPMENT SCENARIOS Multi-Tenant Retail/Restaurant Configure 2-4 individual storefronts Target rents: $35-45/SF NNN Diversified income stream Waterfront Restaurant/Brewpub Capitalize on Norwalk's craft dining scene Riverfront patio potential High-visibility destination location Owner-User + Income Property Occupy one building for business operations Lease second building at $40/SF NNN Offset ownership costs while building equity Mixed-Use Vertical Addition Add residential lofts above commercial space Historic tax credit eligibility Maximize site development potential :Buyer Due Diligence & Disclaimer All information contained herein has been obtained from sources believed reliable; however, neither the owner nor William Pitt Sotheby’s International Realty makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein. Prospective purchasers are advised to conduct their own independent investigations and due diligence concerning the property, including but not limited to zoning, permitted uses, square footage, environmental conditions, structural condition, licensing requirements, waterfront restrictions, outdoor seating approvals, and all other matters material to a purchaser’s decision to acquire the property. Any renderings, conceptual uses, redevelopment scenarios, or references to potential restaurant, bar, hospitality, entertainment, mixed-use, or outdoor dining opportunities are for illustrative and marketing purposes only and are subject to municipal approvals, zoning regulations, licensing, and other governmental requirements. The property is being offered as-is, where-is, with all faults, and subject to errors, omissions, changes in price or terms, prior sale or lease, and withdrawal without notice.