10 Commerce Street, Norwalk, Connecticut

$799,000

Previous Next

5

Baths

5,512

Square feet

0.07

Acres

About 10 Commerce Street

Historic 1880’s Cigar factory formerly known as “The Hour Press”. Opportunity zone (Qualifies for 30% historic tax credit & a 20% federal tax credit) - situated between a current large scale economic development project. Also, qualifies for the City of Norwalk "Storefront Improvement Program". Building is cleared/cleaned out. Recently featured on the History Channel. Planning & Zoning approved. First floor storefront retail with exposed brick and 13ft ceilings, (full basement with 7ft ceilings). Second floor offers exposed brick, 10ft ceilings and two residential apartments. Third floor provides exposed brick, 13ft ceilings and two residential apartments. Current market rents may yield: 1st floor Retail: $5,000 - $7,000. 2nd Floor: 1 Bedroom: $2,200. 2 Bedroom: $2,400. 3rd Floor: 1 Bedroom: $2,200. 2 Bedroom: $2,400. Total: $14,200mo./$16,200 $170,400/$194,400 a year. Annual RE Taxes: $9,467. Rare opportunity in the Wall Street neighborhood. To be sold AS-IS. Owner/Agent.

Features of 10 Commerce Street

MLS® # 170618336
Price $799,000
Bathrooms 5.00
Full Baths 4
Half Baths 1
Square Footage 5,512
Square Footage Public Records
Acres 0.07
Year Built 1880
Type Commercial For Sale
Status Under Contract

Community Information

Address 10 Commerce Street
Area N/A
City Norwalk
County Fairfield
State Connecticut
Zip Code 06850

Amenities

Utilities Electric, Gas, Telephone, Cable
Parking On Street Parking
Is Waterfront No
Has Pool No

Interior

Interior Wood
Heating No Heat, Natural Gas
Cooling None
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Features Sidewalk
Lot Description N/A
Roof Membrane, Tar/Gravel
Foundation Stone

Additional Information

Date Listed January 10th, 2024
Days on Market 97
Zoning CBDA
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?