263 Main Avenue

Norwalk, CT 06851 Directions
$950,000
  • 3Baths
  • 3,660Sqft
  • 0.24Acres
  • 1920Built
  • $260Price/Sqft

Property Highlights

  • Days on Market: 7
  • MLS: 24171829

Property Highlights

  • Days on Market: 7
  • MLS: 24171829

A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate.

Property Highlights

  • Days on Market: 7
  • MLS: 24171829

A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate.

A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate.

Read MoreRead Less
  • Additional Information
    • Area Type: Highway Access, Retail Corridor
    • Average Days On Market: 6
    • Days On Market: 7
    • Is Occupied?: Tenant
    • Living Area SqFt: 3,660
    • Property Tax: $14,670
    • Road Frontage Description: State Road, Paved Road
    • Sewer: Public Sewer Connected
    • Tax Amount: $14,670
    • Tax Year: July 2025-June 2026
    • Type: Commercial For Sale
    • Unit Count: 4
    • Utilities Available: Electric, Gas, Telephone, Cable
    • Year Built: 1920
    • Zoning: CD3
  • Interior/Exterior Features
    • Air Conditioning: Wall Unit
    • Cooling: Wall Unit
    • Flooring: Concrete, Tile, Vinyl
    • Full Baths: 3
    • Heat: Gas on Gas
    • Living SqFt Source: Public Records
    • Roof: Asphalt Shingle

Listing Courtesy of Jennifer McDade of BHHS Darien/New Canaan.

Click to view full screen