83 Washington Street, Unit 1D, SONONorwalk, CT 06854MLS Number 24129130

  • Price: $795,501
  • 143 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Feb 12, 2026
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83 Washington Street Norwalk CT 0685483 Washington Street Norwalk CT 0685483 Washington Street Norwalk CT 0685483 Washington Street Norwalk CT 0685483 Washington Street Norwalk CT 06854
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  • 2Bathrooms
  • 1984Year Built
  • 1,764Square Feet

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Prime investment opportunity in the heart of SoNo! This 1,764 sq. ft. ground-floor retail space offers a 7.9% CAP rate with a strong, long-term tenant in place. The existing business-a liquor store with humidor and cigar shop-has 11 years remaining on a triple-net lease, with rent escalations built in. Tenant pays all expenses, including HOA, making this property truly turn-key and cash-flowing. Features include a private entrance, large display windows, an in-unit bathroom, and a full broom-clean basement for storage. Located on vibrant Washington Street, the property is surrounded by over 1,000 new residential units, the SoNo Collection Mall, Maritime Aquarium, train station, Residence Inn by Marriott, shops, restaurants, and entertainment venues. Walk to Norwalk Harbor or enjoy easy access to I-95, Route 7, and the Merritt Parkway. Situated in both the Norwalk Enterprise Zone and Opportunity Zone, this location also offers significant tax and investment advantages. A rare chance to own a stable, income-producing asset in one of Fairfield County's most dynamic neighborhoods.
Listed by Joe Balestriere of William Raveis Real Estate ((203) 216-0670)

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Basic Information

  • Broker NameWilliam Raveis Real Estate
  • List Price$795,501
  • MLS Number24129130
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNorwalk
  • Gross annual income$69,132
  • List TeamBalestriere Team at William Raveis Real Estate
  • MLS StatusActive

Utilities

  • Heat SystemHot Air
  • Heating FuelElectric
  • Utilities availableElectric
  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$312,540
  • Tax YearJuly 2025-June 2026
  • Milrate total24
  • Taxes$6,480

Building

  • RoofFlat
  • Year Built1984
  • Half Baths2
  • Bathroom2
  • Square Feet1,764

Interior

  • Handicap FeaturesRamps

Amenities

  • Other AmenitiesBasement

Other

  • Date Listed09/28/2025
  • Documents AvailableNone
  • Net operating income69132
  • Present useLiquor and Cigar Store
  • View Count4

Basic Information

  • Agent ID17209

Location

  • CountyFairfield
  • LocationDowntown
  • NeighborhoodSONO
  • StateCT
  • Zip06854
  • Building Number83

Property

  • Lot DescriptionN/A
  • Parking Spaces
  • FloodzoneYes
  • Business includedNo
  • Road Frontage DescriptionPaved Road

Legal

  • ZoningWSDD
  • Short SaleNo
Sotheby's International Realty | William Pitt

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Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

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