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9 Mott Ave - Union Park Professional Bldg
800 - 1,250 SF Office Condo Units Offered at $150,000 - $195,000 Per Unit in Norwalk, CT 06850
PROPERTY FACTS
| Price | $150,000 - $195,000 | Floors | 4 |
| Unit Size | 800 - 1,250 SF | Typical Floor Size | 3,000 SF |
| No. Units | 3 | Year Built | 1968 |
| Total Building Size | 40,000 SF | Lot Size | 0.89 AC |
| Property Type | Office | Parking Ratio | 2.48/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Price | $150,000 - $195,000 |
| Unit Size | 800 - 1,250 SF |
| No. Units | 3 |
| Total Building Size | 40,000 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,000 SF |
| Year Built | 1968 |
| Lot Size | 0.89 AC |
| Parking Ratio | 2.48/1,000 SF |
| Opportunity Zone |
Yes |
3 UNITS AVAILABLE
Unit 104
| Unit Size | 1,200 SF | Sale Type | Investment |
| Price | $175,000 | Cap Rate | 10.29% |
| Price Per SF | $145.83 | NOI | $18,000 |
| Condo Use | Office |
| Unit Size | 1,200 SF |
| Price | $175,000 |
| Price Per SF | $145.83 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 10.29% |
| NOI | $18,000 |
SALE NOTES
Union Park Professional Condominium Association is a 39 unit commercial condo building in convenient location. Easy access from the highway. Walk to Wall Street, Library, Post Office and more. Association owns 3 separate parking areas.
This portfolio includes 5 fully leased Office Condos.
$175,000 for each unit. Seller willing to provide financing.
Units included: 104, 105, 203, 207, 307.
Units have undergone renovations and upgrades.
Some leases shorter than others which would allow for owner occupancy.
Agent has ownership stake.
Unit 105
| Unit Size | 800 SF | Sale Type | Investment |
| Price | $150,000 | Cap Rate | 7.44% |
| Price Per SF | $187.50 | NOI | $11,166 |
| Condo Use | Office |
| Unit Size | 800 SF |
| Price | $150,000 |
| Price Per SF | $187.50 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.44% |
| NOI | $11,166 |
SALE NOTES
Union Park Professional Condominium Association is a 39 unit commercial condo building in convenient location. Easy access from the highway. Walk to Wall Street, Library, Post Office and more. Association owns 3 separate parking areas.
This portfolio includes 5 fully leased Office Condos.
$175,000 for each unit. Seller willing to provide financing.
Units included: 104, 105, 203, 207, 307.
Units have undergone renovations and upgrades.
Some leases shorter than others which would allow for owner occupancy.
Agent has ownership stake.
Unit 207
| Unit Size | 1,250 SF | Sale Type | Investment |
| Price | $195,000 | Cap Rate | 6.44% |
| Price Per SF | $156.00 | NOI | $12,565 |
| Condo Use | Office |
| Unit Size | 1,250 SF |
| Price | $195,000 |
| Price Per SF | $156.00 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.44% |
| NOI | $12,565 |
SALE NOTES
Union Park Professional Condominium Association is a 39 unit commercial condo building in convenient location. Easy access from the highway. Walk to Wall Street, Library, Post Office and more. Association owns 3 separate parking areas.
This portfolio includes 5 fully leased Office Condos.
$175,000 for each unit. Seller willing to provide financing.
Units included: 104, 105, 203, 207, 307.
Units have undergone renovations and upgrades.
Some leases shorter than others which would allow for owner occupancy.
Agent has ownership stake.
AMENITIES
- Bus Line
- Air Conditioning
ZONING
| Zoning Code | Central Business |
| Central Business |
Presented by
9 Mott Ave - Union Park Professional Bldg
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