10 Commerce St

5,512 Sq. Ft.
$132 / Sq. Ft.
5,512
Sq. Ft.
$132
per Sq. Ft.

Description

Historic 1880’s Cigar factory formerly known as “The Hour Press”. Opportunity zone (Qualifies for 30% historic tax credit & a 20% federal tax credit) - situated between a current large scale economic development project. Also, qualifies for the City of Norwalk "Storefront Improvement Program". Building is cleared/cleaned out. Recently featured on the History Channel. Planning & Zoning approved. First floor storefront retail with exposed brick and 13ft ceilings, (full basement with 7ft ceilings)....Historic 1880’s Cigar factory formerly known as “The Hour Press”. Opportunity zone (Qualifies for 30% historic tax credit & a 20% federal tax credit) - situated between a current large scale economic development project. Also, qualifies for the City of Norwalk "Storefront Improvement Program". Building is cleared/cleaned out. Recently featured on the History Channel. Planning & Zoning approved. First floor storefront retail with exposed brick and 13ft ceilings, (full basement with 7ft ceilings). Second floor offers exposed brick, 10ft ceilings and two residential apartments. Third floor provides exposed brick, 13ft ceilings and two residential apartments. Current market rents may yield: 1st floor Retail: $5,000 - $7,000. 2nd Floor: 1 Bedroom: $2,200. 2 Bedroom: $2,400. 3rd Floor: 1 Bedroom: $2,200. 2 Bedroom: $2,400. Total: $14,200mo./$16,200 $170,400/$194,400 a year. Annual RE Taxes: $9,467. Rare opportunity in the Wall Street neighborhood. To be sold AS-IS. Owner/Agent.
  1. Listed by Gloria Dillard • Keller Williams Realty
    P: (203)-246-5936 C: (203)-246-5936 gdillard@kw.com
  2. Listed by Nathan Dillard • Keller Williams Realty
    P: (203)-429-4020 C: (203)-246-7938 nated40@yahoo.com

Property Details for 10 Commerce Street

Location
Downtown, Urban
Neighborhood
N/A
Garage Parking Info
On Street Parking
LISTING CLOSED: 07/10/2024 12:00 AM

Property Details for 10 Commerce Street

StatusClosed
MLS #170618336
Days on Market97
Taxes$9,467 / year
HOA Fees-
Condo/Co-op Fees-
Property Type-
MLS Type-
Year Built1880
Lot Size0.07 AC / 3,049 SF
CountyFairfield County

Location

Listing Courtesy of Keller Williams Realty, Gloria Dillard; Keller Williams Realty, Nathan Dillard

Sold By Higgins Group Real Estate, Jeff Thomas; Higgins Group Real Estate, Adriana Morrell

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Building Information for 10 Commerce Street

Stories3Residences5Year Built1880Lot Size0.07 AC / 3,049 SF

Payment Calculator

$4,427 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,638

Property Taxes

$789

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 10 Commerce Street

Summary
Property and Location
  • Directions: Wall Street to Commerce Street.
  • Latitude: 41.11773
  • Longitude: -73.412493
  • State: Connecticut
Parking
  • Parking Total Spaces: 0
HOA and Fees
  • Tax Year: July 2023-June 2024
  • Property Tax: $9,467
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk
Interior Features
  • Cooling System: None
  • Heat Type: None
  • Flooring: Wood
  • Rooms Total: 0
Room 5
  • Listing Key: 0EA04A4CFBD36EB9E0631401100A5BD7
Property
Property and Assessments
  • Additional Space Available: Yes
  • Construction Description: Masonry
  • Foundation Type: Stone
  • New Construction Type: No/Resale
  • Road Frontage Description: Paved Road
  • Roof: Membrane, Tar/Gravel
  • Sq Ft Source: Public Records
  • SubdividableU: Yes
  • Year Built: 1880
  • Bank Owned Property: No
  • Sq Ft Residential: 3276
  • Sq Ft Retail: 2236
Lot Information
  • Documents Available: Zoning Approval
  • Lot Description: N/A
  • Parcel Number: 230226
  • Sq Ft Total: 5512.0
  • Zoning: CBDA
Utilities
  • Heat Fuel Type: Natural Gas
  • Sewage System: Public Sewer Connected
  • Utilities Available: Electric, Gas, Telephone, Cable
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Total Number of Units: 5
Building Details
  • Unit Count: 5
  • Number of Restrooms: 5
  • Number of Stories: 3
  • Number of Tenants: 0
Unit 1
  • Unit Average Sq Ft: 2236
  • Unit Entry Order: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 07-11-2024
  • Unit Number Of: 1
  • Unit Num Vacant: 1
  • Unit Type: Retail
Unit 2
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-11-2024
  • Unit Number Of: 1
  • Unit Type: 1 Bedroom
Unit 3
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 07-11-2024
  • Unit Number Of: 1
  • Unit Type: 2 Bedrooms
Unit 4
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 07-11-2024
  • Unit Number Of: 1
  • Unit Type: 1 Bedroom
Unit 5
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 07-11-2024
  • Unit Number Of: 1
  • Unit Type: 2 Bedrooms

Property History for 10 Commerce Street

DateEvent & SourcePriceAppreciation
Mar 13, 2000

Closed (Public Record)

Public Record #91098314

$135,000
DateEvent & SourcePrice
03/13/2000

Closed (Public Record)

Public Record #91098314

$135,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10 Commerce Street

Taxable ValueLand$112,120Additions$351,080Total$463,200
Tax Record2024$11,070 ($922 / month)
Home Facts
Baths4.5Total Finished SqFt5,512 SqFtAbove Grade Finished SqFt5,512 SqFtStories3Lot Size2,886 SqFtStyleMiscellaneous CommercialYear Built1880Year Renovated1968ZoningCBDACountyWESTERN CONNECTICUTAPNNWLK M:1 B:29 L:42

Schools near 10 Commerce Street

This home is within Norwalk School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Tracey School
PublicPK to 5

West Rocks Middle School
Public6 to 8

Norwalk High School
Public9 to 12

P-Tech Norwalk
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Gloria Dillard; Keller Williams Realty, Nathan Dillard

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.