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Active · For Sale
$649,000

7 Cross Street, Norwalk, Connecticut 06851

Studio beds 1 baths 1,681 sq ft Commercial For Sale Built 1956

About this home

High-Visibility Norwalk Industrial/Retail Asset on Cross Street (US-1) near Route 7 & Stew Leonard's! Incredible owner-user or investment opportunity at 7 Cross Street, positioned on a prime, high-traffic commercial corridor boasting approx. 20,000 vehicles per day. Located just 3 blocks from the Route 7 Expressway (Exit 1) and a half-mile from Stew Leonard's, this freestanding property offers unbeatable local exposure. Zoned I1 (Industrial), this exceptionally flexible 1,681 sq. ft. building is ideal for a retail showroom, trade office, fulfillment warehouse, light assembly, or contractor headquarters. Engineered for maximum operational efficiency, the first floor features spacious 10-foot ceilings and a highly coveted drive-in overhead loading door measuring 10 feet wide by 9 feet tall. The second floor provides excellent utility with 8-foot ceilings, perfect for administrative offices or inventory storage. The building features a 3-phase electric power system, energy-efficient natural gas heating, a 1st-floor central AC system, and an on-site bathroom tied to city water and sewer. Stop paying rent and build equity! Owning this asset offers massive financial stability, shielding your business from rising commercial rental rates while providing significant tax incentives. Situated on a .06-acre lot, it provides a rare competitive edge with 6 dedicated on-site street-side parking spaces for client or fleet storage.

Status
Active
Type
Commercial For Sale
Price
$649,000
Beds
Studio
Baths
1
Interior
1,681 sq ft
Lot
0.06 ac
Year Built
1956
MLS #
24202002
ZIP
06851
Days on Market
7
Heat
Gas In Street · Hot Air
Cooling
Central Air
Water
Public Water Connected
Sewer
Public Sewer Connected
Parking
Paved, Parking Lot, Off Street Parking

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

Taxes

Property tax
$4,529 (July 2025-June 2026)
Assessed value
$189,490

Building & Exterior

Roof
Flat
Exterior features
Sidewalk, Doors - under 10 ft, Door Sign
Foundation
Concrete, Slab
Stories
2

Lot & Land

Zoning
I1
Lot
Dry, Level Lot
Road frontage
U.S. Highway

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.

/mo
principal & interest

What's nearby

Grocery
Key Food0.35 mi away · 7 min walk
Also nearby
Stew Leonard's0.66 mi away
Pharmacy
CVS Pharmacy0.41 mi away · 8 min walk
Train
East Norwalk Station1.27 mi awayMetro-North Railroad
Bus stop
Norwalk WHEELS0.18 mi away · 4 min walk
School zone
Check the district's school finder the MLS did not name one for this address
~1.0 miKey Food — 0.35 miStew Leonard's — 0.66 miCVS Pharmacy — 0.41 miEast Norwalk — 1.27 miNorwalk WHEELS — 0.18 mi
This homeGroceryPharmacyTrainBus

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.

Recent comparable sales

The 3 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.

3 comparable sales — median $712,500, ranging $395,000 to $899,000.

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 built1956
Living area1,681 sq ft
Lot size0.06 acres
Stories2
HeatForced Air
ExteriorConcrete
Assessed value$189,490
Town appraisal$270,690
Last recorded sale2016
Listing courtesy of William Raveis Real Estate — Jeffrey Kaplan · (203) 847-6633

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