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111 Mill St 3,830 SF 100% Leased Retail Building Greenwich, CT 06830 $4,700,000 ($1,227.15/SF) 5.50% Cap Rate
Investment Highlights
- Development Site... Potential 21 res units plus 1500sf retail
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,830 SF
Building Class
B
Year Built
1986
Price
$4,700,000
Price Per SF
$1,227.15
Cap Rate
5.50%
NOI
$258,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.29 AC
Zoning
LBR-2 - Development Site... Existing 2 Story building/12-14 car parking lot & adjacent vacant lot (9 S. Water St)
Potential 21+ units appx 37k sf structure
Parking
14 Spaces (3.83 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Walk Score®
Walker's Paradise (91)
Nearby Major Retailers
Property Taxes
| Parcel Number | GREE-000004-000000-001078-S000000 | Improvements Assessment | $939,470 |
| Land Assessment | $311,290 | Total Assessment | $1,250,760 |
Property Taxes
Parcel Number
GREE-000004-000000-001078-S000000
Land Assessment
$311,290
Improvements Assessment
$939,470
Total Assessment
$1,250,760
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111 Mill St
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