# 140 Water Street, Norwalk, CT 06854

> **TL;DR:** commercial, $2,350,000 ($238/sqft), built 1955, 9,856 sqft. Est. $10,183/mo. Listed 147 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,350,000 |
| Price/sqft | $238 |
| Square Feet | 9,856 |
| Year Built | 1955 |
| Lot Size | 23,522 sqft (0.54 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 147 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,183 |
| **Total** | **$10,183** |

## Property Highlights

- Built in 1955
- 0.54 acre lot

## Description

### Agent Description
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

## Location

- **Address:** 140 Water Street, Norwalk, CT 06854
- **County:** Fairfield

## Listing Agent

- **Name:** Shalini Madaras
- **Brokerage:** Silver Pine Real Estate
- **Phone:** 2034516622
- **Email:** shalinimad@aol.com

## Primary Photo

![140 Water Street - Primary Photo](http://lh.rdcpix.com/ab3ebb857b04dcd321f9a98a2023221al-f2623244288r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/140-water-street-norwalk-ct-06854-24147122)*

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**MLS#:** 24147122 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/140-water-street-norwalk-ct-06854-24147122)

---

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