49 Wall St, Norwalk, CT 06850

Property Description

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!