22 Leonard St - Storefront Retail/Office FOR SALE


Norwalk, CT 06850- Downtown Norwalk
$999,999 USD
646-478-6560
22 Leonard St, Norwalk, CT for Sale
$999,999 USD
Storefront Retail/Office - FOR SALE
1/39
null | Request Cap Rate

22 Leonard St
Norwalk, CT 06850
Downtown Norwalk


HIGHLIGHTS

  • Redevelopment
  • Zoning
  • Expansion

OVERVIEW

22 Leonard is a two-unit property sitting in the wall street - west ave designated redevelopment zone, offering huge potential for developers and business owners alike. This 7,840 sq. ft. lot allows for up to 4.5 stories and 4.75 units, making it a prime candidate for vertical expansion. The front unit features 1,600+ finished sq. ft. with an artistic design, a newer kitchen, and an updated bathroom perfect for a cafe, bakery or retail shop.. Additionally it has a second-floor space with a potential separate entrance that could be used as an office or apartment. Plus, there is a full basement for this unit which provides ample storage space. The rear unit spans 1,776 sq. ft. with three garage bay doors and half bath which is best suited for an auto repair shop, warehouse, welding shop and more. With significant redevelopment and investment flowing into the neighborhood, this property offers incredible potential-whether in its current form or as part of a larger development. This is a unique opportunity in a rapidly growing area.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Service, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

I1

APN/PARCEL ID

NORW-000001-000028-000017

ASK ABOUT THIS PROPERTY

James KittCompassMore Info
646-478-6560

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James KittCompassMore Info
646-478-6560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.