535 Connecticut Ave | Norwalk, CT 06854
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- LoopNet Team
535 Connecticut Ave
Norwalk, CT 06854
Office Property For Sale
Investment Highlights
- A+ Location for Multifamily or Self-Storage.
- Market Rents for 1 Bed of $3.30+, and 2 Bed of $2.90+ PSF.
- If converted to residential, two floors of extra under ground parking can be utilized to generate additional revenue from tenant or auto storage.
- Directly adjacent to large Multifamily housing.
- Four (4) floors of covered parking below the building (surface & garage) allow for large savings with any residential re-development.
- Floor Plates allow for conversion to rare large apartment units for tenants downsizing from large Single Family homes.
PROPERTY FACTS
Property Type
Building Size
303,777 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1988
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
50,630 SF
Slab To Slab
13’
Building FAR
4.08
Lot Size
1.71 AC
Zoning
B1 - Business No. 1 (“B1”), Reed Putnam Design District-Subarea A (“RPDA”)
Parking
498 Spaces (1.64 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Fitness Center
- Food Service
- Property Manager on Site
- Signage
PROPERTY TAXES
| Parcel Number | NORW-000005-000073A-000063 | Improvements Assessment | $5,873,670 |
| Land Assessment | $2,847,500 | Total Assessment | $8,721,170 |
PROPERTY TAXES
Parcel Number
NORW-000005-000073A-000063
Land Assessment
$2,847,500
Improvements Assessment
$5,873,670
Total Assessment
$8,721,170
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