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666 Main Ave
Norwalk, CT 06851 Merritt

$900,000 USD

Storefront Retail Office Condo For Sale  •  1,972 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 60,505 SF
  • Lot Size 2 AC
  • Building Class B
  • Year Built 1989
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning CD-3C
31 Transit Score
57 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 10 Retail 1,972 SF $900,000 USD
  • Unit Size: 1,972 SF
  • Condo Use: Retail
  • Price: $900,000 USD
  • Sale Type: Investment
  • Price/SF: $456.39 USD
Sale Notes
EASY ACCESS TO BOTH I-95 AND MERRITT PARKWAY$72,000.00 PER ANNUM NET INCOME
1972 +/- SF COMMERCIAL CONDO UNIT
FULL NNN LEASE
35,000 CPD TRAFFIC 
ALL IMPROVEMENTS REMAIN PROPERTY OF LANDLORD TENANT RESPONSIBLE FOR ALL MAINTENANCE DENSE POPULATION IN AN AREA OF RAPID GROWTH 10 YEAR LEASE AT MARKET RATE
LIKE NEW RENOVATION
A+++ INFRASTRUCTURE

Description

This meticulously maintained and exquisitely appointed commercial condo can be owner occupied or purchased with a lease in place as an investment property. Below are just a few of the properties many features. 

-easy access to both merritt parkway and I-95
-fast casual banquet and table seating -full basement, approved for prep kitchen
-all equipment is owned -wine and beer license -35,000 CPD traffic
-20 foot hood -ample parking -generous storage
-traffic light at entrance/exit -covered outdoor seating
-dense area population during both daytime and evenings
-high capacity chef designed kitchen
-numerous additional bells and whistles
PRICE DOES NOT INCLUDE BUSINESS ASSETS. PLEASE INQUIRE FOR MORE INFORMATION

Highlights

Heavy Daytime Traffic all equipment is owned -wine and beer license -35,000 CPD traffic
-high capacity chef designed kitchen
dense area population during both daytime and evenings
20 foot hood -ample parking -generous storage
easy access to both merritt parkway and I-95

Property Flyers

Financial Summary

Cap Rate: 8.00 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Dilly Duck Shop Llc
Foot Reflexology
Letizia's Pizza
Metroswim Shop
Michele's Pies
Shear Genius Salon

Amenities

  • Property Manager on Site
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Merritt 7 Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min - 1.2 mi
Wilton Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min - 3.0 mi
AirportDriveWalkDistance
Westchester County 33 min - 22.6 mi
Tweed/New Haven 57 min - 37.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Tonino Mavuli 203-727-2429 Serhant Commercial
Tonino Mavuli 203-727-2429 Serhant Commercial