Van Zant Street Portfolio
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Van Zant Street Portfolio
3 Properties Offered at £1,896,024 in Norwalk, CT
Investment Highlights
- Redevelopment or owner-use opportunity available in East Norwalk, CT, listed at $2.4 million.
- Prime location near I-95 & Route 7 with easy access to public transit, including the Metro-North Train Station.
- Properties can be sold individually or as a portfolio for flexible investment opportunities.
- Portfolio includes three properties totaling 0.72 acres, currently used as an auto body shop.
- Zoned for multiple uses, with properties in Special District - Light Industrial (SD-L1) and General Urban (CD-3) zones.
- Close to Veterans Memorial Park, a 35-acre waterfront park with a marina and recreational facilities.
Executive Summary
Angel Commercial, LLC, is pleased to offer the Van Zant Street Portfolio, a redevelopment or owner-use opportunity, for sale in East Norwalk, CT, at a listing price of $2,400,000. This portfolio includes three commercial properties spanning a total of 0.72 acres which are currently occupied by an auto body shop that has expanded over the years. The properties consist of two adjacent parcels totaling 0.56 acres at 7 & 9 Van Zant Street, in a Special District - Light Industrial (SD-L1) Zone, and a third property directly across the street at 10 Van Zant Street, providing an additional 0.16 acres in a Community District - General Urban (CD-3) Zone. The properties are also available for sale as individual assets.
Van Zant Street is a mix of multi-family, commercial, and industrial buildings, making it appealing for businesses looking to leverage the strategic location and accessibility. The local zoning regulations allow for various types of uses, which contributes to the street's diverse business landscape. One of the most recent redevelopments is 25 Van Zant Street which underwent a significant $20 million renovation, transforming it into a modern, multi-industrial 265,000 SF hub designed for technology-driven businesses.
Van Zant Street runs parallel to the Connecticut coastline and is close to several major thoroughfares. It is less than a mile from I-95 (Exit 16). The street is also near Route 7, which provides a direct link to the Merritt Parkway (Route 15). The area is well-connected to public transportation, with the East Norwalk Metro-North Train Station located a half a mile away, providing commuter rail service to New York City and other points along the line. There are also nearby bus stops serviced by Norwalk Transit, making it convenient for local travel. Nearby attractions include Veterans Memorial Park and Marina, a 35-acre park just a block away. The park features a marina, playground, open spaces, and sporting facilities, making it a popular spot for outdoor activities and community events.
This portfolio represents a great opportunity to invest in commercial real estate with significant redevelopment potential. For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.
Van Zant Street is a mix of multi-family, commercial, and industrial buildings, making it appealing for businesses looking to leverage the strategic location and accessibility. The local zoning regulations allow for various types of uses, which contributes to the street's diverse business landscape. One of the most recent redevelopments is 25 Van Zant Street which underwent a significant $20 million renovation, transforming it into a modern, multi-industrial 265,000 SF hub designed for technology-driven businesses.
Van Zant Street runs parallel to the Connecticut coastline and is close to several major thoroughfares. It is less than a mile from I-95 (Exit 16). The street is also near Route 7, which provides a direct link to the Merritt Parkway (Route 15). The area is well-connected to public transportation, with the East Norwalk Metro-North Train Station located a half a mile away, providing commuter rail service to New York City and other points along the line. There are also nearby bus stops serviced by Norwalk Transit, making it convenient for local travel. Nearby attractions include Veterans Memorial Park and Marina, a 35-acre park just a block away. The park features a marina, playground, open spaces, and sporting facilities, making it a popular spot for outdoor activities and community events.
This portfolio represents a great opportunity to invest in commercial real estate with significant redevelopment potential. For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual |
|---|---|
| Taxes |
$99,999
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7 Van Zant Street, Norwalk, CT 06855 | Office | 1,060 SF | 1973 | - |
| 9 Van Zant St, Norwalk, CT 06855 | Retail | 5,316 SF | 1973 | - |
| 10 Van Zant St, Norwalk, CT 06855 | Retail | 2,624 SF | 1975 | - |
-
Jon Angel -
Angel Commercial, LLC
(203) 335-6600
x21
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