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$730,000

  • Sold
  • Closed
  • Commercial
See This Home
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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.

Full Property Details for 10 Commerce St

General

  • Sold For: $730,000
  • Taxes: (July 2023-June 2024)
  • Status: Closed
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 170618336
  • Added to Site: 742 day(s) ago

Interior

  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Restrooms: 5

Exterior

  • Exterior Features: Sidewalk

Parking

  • Parking: On Street Parking

Location

  • County: Fairfield
  • Driving Directions: Wall Street to Commerce Street.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: No Heat, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas, Telephone, Cable

Structural Information

  • Construction Status: No/Resale
  • Roof: Membrane, Tar/Gravel
  • Stories/Levels: 3
  • Stories in Building: 3
  • Square Feet: 5,512
  • Sq. Ft. Source: Public Records
  • Living Area: 3,276 Sq. Ft.
  • Retail: 2,236 Sq. Ft.
  • Year Built: 1880

Unit Information

Unit 1

  • Unit Description: Retail
  • Square Feet: 2236
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Unit 2

  • Unit Description: 1 Bedroom
  • Total Bathrooms: 1

Unit 3

  • Unit Description: 2 Bedrooms
  • Total Bathrooms: 1

Unit 4

  • Unit Description: 1 Bedroom
  • Total Bathrooms: 1

Unit 5

  • Unit Description: 2 Bedrooms
  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.07
  • Frontage: Paved Road
  • Zoning: CBDA
  • Lot Description: N/A

Financial Considerations

  • Assessment Amount: $377,380
  • Tax Year: July 2023-June 2024

Disclosures and Reports

  • Documents Avail.: Zoning Approval
  • Property ID: 230226

Listed by Keller Williams Realty, Gloria Dillard & Team, Gloria Dillard and Keller Williams Realty, Nathan Dillard
Sold by Higgins Group Real Estate, Adriana’s Team of Higgins Group Real Estate, Jeff Thomas and Higgins Group Real Estate, Adriana’s Team of Higgins Group Real Estate, Adriana Morrell

Listing agents

— 10 Commerce St —

  • Gloria Dillard

    Keller Williams Realty

  • Nathan Dillard

    Keller Williams Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 10 Commerce St

School District:Norwalk School District
NameGradesDistance
Tracey School
20 Camp Street, Norwalk, CT 06851
K-50.5 mi
West Rocks Middle School
81 West Rocks Road, Norwalk, CT 06851
6-81.1 mi
Norwalk High School
23 Calvin Murphy Drive, Norwalk, CT 06851
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 10 Commerce St

Date
Details
Price
Change
Source
7/10/2024
Sold
$730,000
-8.64%
MLS
1/10/2024
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Realty, Gloria Dillard & Team, Gloria Dillard and Keller Williams Realty, Nathan Dillard
Sold by Higgins Group Real Estate, Adriana’s Team of Higgins Group Real Estate, Jeff Thomas and Higgins Group Real Estate, Adriana’s Team of Higgins Group Real Estate, Adriana Morrell

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10 Commerce Street, Norwalk, CT 06850 (MLS# 170618336) is a Commercial property that was sold at $730,000 on July 10, 2024. Want to learn more about 10 Commerce Street? Do you have questions about finding other Commercial real estate for sale in Norwalk? You can browse all Norwalk real estate or contact a Coldwell Banker agent to request more information.