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MLS 24147122 For Sale Updated April 8, 2026
140 Water Street

Norwalk, Connecticut 06854

$2,350,000
On market 93 days
140 Water Street
1 / 8

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

Interior

Heat
Hot Air — Natural Gas
Cooling
None
Flooring
Wall-to-Wall Carpet

Exterior & Lot

Roof
Flat
Construction
Construction
Lot Description
Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
NULL
Middle
NULL
High
NULL
Neighborhood
SONO

140 Water Street

Norwalk , Connecticut 06854

$2,350,000

On market 93 days

Beds
-
Baths
-
SqFt
9,856
Type
Commercial
County Fairfield
Garage -
Rooms -
Lot Size 0.54 Acres
Property Tax $25,170
Assessed Value $1,053,140
Year Built 1955
Zoning MC

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: SPRE100.

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