Horvath & Tremblay sells 19-unit mixed-use property - The Sono Lodges for $5 million

Norwalk, CT Stavros Filippidis of Horvath & Tremblay has arranged the sale of The Sono Lodges, a 19-unit mixed-use property with retail, office, and residential space. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5 million.

The multi-story buildings contain 19 total units, made up of 12 commercial units and 7 residential units, with 22,476 s/f of gross leasable area and 24,004 s/f of gross building area. The 7 residential units are comprised of three 2-bedroom/1-bathroom units, two 2-bedroom/1.5-bathroom units, one 3-bedroom/2-bathroom unit, and one 2-bedroom/4-bathroom unit. 68-70 S. Main St. is positioned along South Main St., granting residents access to downtown attractions, dining, and cultural venues throughout the area. The property benefits from direct roadway connections to I-95 and Rte. 7, enabling regional travel throughout Fairfield County and to greater New York metro destinations. This mixed-use property features a diverse lineup of commercial tenants including beauty and personal care providers like NC Lashes and Dario Salon & Barber, national service brands such as State Farm and Metro PCS, educational offerings from UCEDA Institute, and local favorites like Naranjal. The mix of professional services, specialty retail, and community focused use drives consistent traffic to the site, providing convenience for residents and visitors alike. With additional space available for commercial tenants, the property offers flexibility for further retail or service concepts in a well-trafficked setting. The property was fully redeveloped in 2020. These buildings have been admitted to the National Register of Historic Places, and their renovation was overseen by National Park Service. That oversight has ended, and although the renovation earned an Award of Merit from Preservation Connecticut, the buildings don’t carry any ongoing historic requirements. Upside potential for the asset still exists as the city relaxed their zoning regulations in 2023.