Home / Listings / Norwalk
Under Contract · For Sale
$949,000

49 Wall Street, Norwalk, Connecticut 06850

Studio beds 3 baths 3,608 sq ft Commercial For Sale Built 1880
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About this home

Rare Wall Street Opportunity | Mixed-Use Brick Storefront. Exceptional opportunity to own a mixed-use brick storefront in the rapidly evolving Wall Street neighborhood, ideally positioned within a major economic development corridor. Offering 3,608 SF of finished space across multiple levels, this high-visibility property suits for retail, office, or potential residential use. The prominent 1st floor retail/office space (1,276 SF) features excellent street presence, large display frontage, & a half bath-ideal for a variety of business concepts. A separately accessed section of the 1st floor adds an additional 1,056 SF of finished space, complete w a full bath & kitchenette, offering flexibility for private office, studio, or supplemental income potential. The 2nd floor presents a bright, open layout w exposed brick, soaring 10+ ft ceilings, recessed lighting & multiple rooms-perfect for creative workspace, residential conversion, or expanded commercial use. Additional highlights include central air, natural gas heat, & a full basement (1,276 SF) for storage. Formerly home to Kosta Jewelers, a well-established retailer for over 30 years, the property benefits from strong visibility & longstanding community recognition. Located within an Opportunity Zone, offering potential eligibility for a 30% historic tax credit & 20% federal tax incentive. Also qualifies for the City of Norwalk's Storefront Improvement Program. A rare chance to invest in a rapidly transforming district!

Status
Under Contract
Type
Commercial For Sale
Price
$949,000
Beds
Studio
Baths
3
Interior
3,608 sq ft
Lot
0.07 ac
Year Built
1880
MLS #
24165627
ZIP
06850
Days on Market
18
Heat
Natural Gas · Hot Air
Cooling
Central Air
Water
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No

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

Taxes

Property tax
$8,110 (July 2025-June 2026)
Assessed value
$339,330

Interior

Flooring
Wood

Building & Exterior

Roof
Tar/Gravel
Exterior features
Sidewalk
Foundation
Stone
Stories
2

Lot & Land

Zoning
CBDA
Lot
Level Lot
Road frontage
Municipal Street, Paved Road

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.

Year built1880
Living area3,608 sq ft
Lot size0.07 acres
Stories2
HeatForced Air
ExteriorBrick/Masonry
Assessed value$339,330
Town appraisal$484,760
Last recorded sale2002 — $300,000

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.

Listing courtesy of Keller Williams Realty — Gloria Dillard · (203) 429-4020

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