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24 Belden Ave - Building 1
47,500 SF Office/Medical Condo Unit Offered at $9,500,000 in Norwalk, CT 06850
Executive Summary
Opportunity to own your own signature office building. Sale does not include the retail floor other than a lobby & hallway to get to elevators & stairs. Owner willing to consider build out and seller financing for the right user. Property & surrounding neighborhood undergoing complete revitalization.
Property Facts
| Price | $9,500,000 | Floors | 6 |
| Unit Size | 47,500 SF | Typical Floor Size | 12,000 SF |
| No. Units | 1 | Year Built | 1975 |
| Total Building Size | 47,500 SF | Lot Size | 1.46 AC |
| Property Type | Office (Condo) | Parking Ratio | 8.33/1,000 SF |
| Sale Type | Investment or Owner User | Opportunity Zone |
Yes
|
| Building Class | B |
| Price | $9,500,000 |
| Unit Size | 47,500 SF |
| No. Units | 1 |
| Total Building Size | 47,500 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 12,000 SF |
| Year Built | 1975 |
| Lot Size | 1.46 AC |
| Parking Ratio | 8.33/1,000 SF |
| Opportunity Zone |
Yes |
1 Unit Available
Unit 2
| Unit Size | 47,500 SF | Sale Type | Investment or Owner User |
| Price | $9,500,000 | Cap Rate | 5.79% |
| Price Per SF | $200.00 | NOI | $550,000 |
| Condo Use | Office/Medical |
| Unit Size | 47,500 SF |
| Price | $9,500,000 |
| Price Per SF | $200.00 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.79% |
| NOI | $550,000 |
Description
Office portion of an amazing mixed use project with on site parking and across the street from a 500 car public parking garage that is undergoing complete renovation.
The entire area is getting $27.5 million in infrastructure upgrades to sidewalks, lampposts, cross walks, pocket parks, roads, bike lanes etc.
Condo Unit includes 5 floors of office, 1st floor lobby, and lower level lobby at parking garage level.
Amenities
- 24 Hour Access
zoning
| Zoning Code | CD-4 |
| CD-4 |
Presented by
24 Belden Ave - Building 1
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