122 South Main Street, Norwalk, Connecticut 06854

About this home

Exceptional investment opportunity offering flexible residential and commercial potential in highly developing South Norwalk, CT. Located in the SD-LI (Special Development - Light Industrial) District, this property supports a wide range of permitted uses including light manufacturing, contractor operations, warehousing, distribution, research and development, automotive-related services, flex space, and other commercial or mixed-use possibilities (subject to local approvals). Positioned on a generous 0.37-acre parcel with direct access from South Main Street, the property benefits from strong visibility, easy accessibility, and high functional utility-ideal for owner-users, developers, or investors seeking income-producing or redevelopment potential. The lot is level, dry, and not located in a flood zone, significantly reducing development risk and insurance costs while enhancing long-term value. With its prime location in rapidly growing South Norwalk, flexible zoning, and solid site characteristics, this property presents a rare opportunity to capitalize on increasing demand and unlock multiple value-add scenarios. All inspections will be for informational purposes ONLY, "subject to" inspections offers will not be considered, buyer will accept in "as-is" condition. Buyers to do their due diligence and check with planning and zoning for potential use of property. Buyers will accept tenants in place.

Flood risk: check the FEMA flood map for this address.

Taxes

Building & Exterior

Lot & Land

What it would cost per month

An estimate you can adjust — not a quote, and not an offer of credit. Principal and interest only, plus the taxes and HOA already on this listing. Insurance, PMI and closing costs are not included. Rate seeded at 6.5% (August 2026); change it to whatever your lender quotes.

What's nearby

Distances are straight-line from the property, not driving or walking routes. Places data © OpenStreetMap contributors.

Recent comparable sales

The 4 closest recent sales to this home, nearest match first — same building where possible, then the surrounding streets, widening only when there is nothing closer. These are recorded sale prices from the MLS, not estimates. No automated valuation is shown, because what a home is worth depends on condition, layout and timing that a formula cannot see — call John at 203·883·3399 to read them properly against this home.

4 comparable sales — median $825,000, ranging $712,000 to $949,000.

Within a 15-minute walk, sold in the last year
• 28 Chestnut StreetStudio · 5 ba · 3,449 sq ft · 0.1 mi away
  $949,000$275/sq ft2026-05-05
• 84 Washington Street Unit 84Studio · 2 ba · 5,088 sq ft · 0.4 mi away
  $750,000$147/sq ft2026-07-02
Within about a mile and a half, sold in the last 2 years
• 158 East AvenueStudio · 0 ba · 3,556 sq ft · 1.3 mi away
  $712,000$200/sq ft2024-08-23
Same town, sold in the last 3 years
• 49 Wall StreetStudio · 3 ba · 3,608 sq ft · 1.7 mi away
  $900,000$249/sq ft2026-08-11

Public record

From the Norwalk assessor's public property record. These figures describe the property as the town has it on file and can differ from the listing — a finished basement or an addition may not be reflected in the assessor's living area.

More homes in Norwalk

Closest in price to this one.

• 61 Cedar Street2,068 sq ft$1,999,990
• 194 East Avenue4,290 sq ft$1,900,000
• 194 East Avenue4,290 sq ft$1,900,000
• 165-167 Main StreetStudio · 5 bath · 6,070 sq ft$1,800,000
• 140 Water Street9,856 sq ft$2,350,000
• 16-1 Ann Street Unit 1Studio · 2 bath · 5,952 sq ft$999,999

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