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9 Mott Ave - Union Park Professional Bldg

800 - 1,350 SF Office Condo Units Offered at $175,000 Per Unit in Norwalk, CT 06850

Property Facts

Price $175,000
Unit Size 800 - 1,350 SF
No. Units 5
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

5 Units Available

Unit 104

Unit Size 1,200 SF
Price $175,000
Price Per SF $145.83
Condo Use Office
Sale Type Investment
Cap Rate 8.00%
NOI $14,000
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
Price $175,000
Price Per SF $218.75
Condo Use Office
Sale Type Investment
Cap Rate 8.00%
NOI $14,000
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 203

Unit Size 850 SF
Price $175,000
Price Per SF $205.88
Condo Use Office
Sale Type Investment
Cap Rate 8.00%
NOI $14,000
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 207

Unit Size 1,250 SF
Price $175,000
Price Per SF $140.00
Condo Use Office
Sale Type Investment
Cap Rate 8.00%
NOI $14,000
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 307

Unit Size 1,350 SF
Price $175,000
Price Per SF $129.63
Condo Use Office
Sale Type Investment
Cap Rate 8.00%
NOI $14,000
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.

Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Bus Line
  • Air Conditioning

zoning

Zoning Code Central Business
Central Business
  • Listing ID: 33550527

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 9 Mott Ave, Norwalk, CT 06850

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