NOMADEReal Estate

$2,350,000

Active

140 Water Street

Norwalk, Connecticut, 06854 · Fairfield County

9,856

Sq Ft

1955

Built

MLS # 24147122

Price / Sq Ft

$238

Property Type

Commercial For Sale

Lot Size

0.54

Class

Property

About This Property

140 Water Street, Norwalk - Prime SoNo Mixed-Use Opportunity. Exceptional opportunity in the heart of downtown SoNo on its main retail corridor. 140 Water Street is a 9,856 SF commercial building w/32 on-site parking spaces, offering outstanding visibility, access, and long-term upside. Property presents mixed-use redevelopment potential, including the possibility of conversion to an 11-12 unit residential building featuring spacious 2 & 3-bedroom apartments, with grd-level commercial space. A conceptual redevelopment scenario reflects approximately 22,500 SF across 4 levels, w/select water views fn upper floors. Architectural renderings are available for review. This offering is particularly well-suited for an end user, investor, or developer, w/multiple paths for repositioning, expansion, or collaboration. Owner is open to creative structures & partnership discussions, adding flexibility to an already compelling opportunity. Unmatched location within walking distance to SONO Collection Mall (Nordstrom & flagship retailers), acclaimed restaurants, cafes, bakeries, boutiques, marinas, maritime center, movie theaters, parks, museums, squash courts, beaches, and public transportation including Metro-North rail. Immediate access to major highways & freeways further enhances convenience & regional connectivity. A rare chance to acquire a lg-scale asset in Fairfield County's most vibrant & evolving waterfront districts, offering current utility & significant future potential

Property Details

140 Water Street, Norwalk Connecticut 06854 — Commercial For Sale listed at $2,350,000.

At a Glance

--

Bedrooms

--

Bathrooms

9,856

Sq Ft

0.54

Lot Size

--

Garage

1955

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodFairfield
Address140 Water Street
MLS Number24147122
Year Built1955
Square Footage9,856
Lot Size0.54
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value1053140
Mil Rate Total23.9
Property Tax25170
Tax YearJuly 2025-June 2026

Property Features

Cooling SystemNone
FlooringWall-to-Wall Carpet
Heat Fuel TypeNatural Gas
Heat TypeHot Air
Roof InformationFlat

Location & Community

DirectionsWater Street to #140 it is the pink building next to Rex Marina and in front of Paganos Seafood.
LocationHighway Access,Downtown,Historic Area,Shopping Mall,Retail Corridor
NeighborhoodSONO

All Photos (8)

Affordability Calculator

$2,350,000

Down Payment$470,000
Loan Amount$1,880,000
Principal & Interest$11,883/mo
Property Tax$2,350/mo
Insurance$100/mo
Est. Monthly$14,333/mo

Listing Agent

S

Shalini Madaras

Silver Pine Real Estate

Contact Shalini Madaras

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Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24147122
Last Updated2026-04-07
140 Water Street — $2,350,000 (9,856 sqft) | Nomade Real Estate