About this home
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
Flood risk: check the FEMA flood map for this address.
Taxes
Interior
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
Real streets from OpenStreetMap; distances are straight-line from the property, not driving routes.
Distances are straight-line from the property, not driving or walking routes. Places data © OpenStreetMap contributors.
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.
Recorded sales
Deed transfers on file with the Norwalk land records, newest first. These are recordings rather than MLS sales, so they include transfers that were never listed. Nominal and $0 transfers (estate, trust and family conveyances) are excluded.
- 2008-05-27$1,625,000
- 2006-09-21$1,300,000
- 2004-12-17$1,150,000
- 2003-09-02$1,125,000
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