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1143 E Putnam Ave
Riverside, CT 06878
Land For Sale · 0.37 AC

INVESTMENT HIGHLIGHTS

  • At the center of the East Putnam Avenue corridor between Riverside Avenue and Sound Beach Avenue
  • Ready for commercial or multi-family development projects

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 0.37 AC
Zoning LB

DESCRIPTION

This undeveloped prime site offers a secluded setback along East Putnam Avenue (US Route 1) in the Riverside section of Greenwich. After a short driveway the property is fairly rectangular in shape and topographically level lending itself to the variety of commercial and multi-family uses allowed in the LB Zone. It is located less than a quarter mile west of the extremely busy intersection of East Putnam Avenue and I-95 Exit 5 which has an average daily traffic count in excess of 25,000 cars. The site is adjacent and behind People’s bank, Greenwich Liquors and a medical condominium complex. The East Putnam Avenue (US Route 1) / I-95 Exit 5 intersection is a high traffic retail area with a variety of stores, shops and restaurants. The average daily traffic count on East Putnam Avenue is 25,000 cars and 130,000 cars on I-95. I-95 exit 5 gives one an indisputable way to easily access the central Greenwich and Stamford markets. 1143 East Putnam Avenue is situated on the north side of East Putnam Avenue (US Route 1) adjacent and behind Peoples United Bank and Greenwich Liquor Store, a medical condominium complex and just steps away from the newly rebuilt McDonald’s restaurant and highly successful Thruway Shopping Center. The subject is at the center of the East Putnam Avenue corridor between Riverside Avenue and Sound Beach Avenue which is dotted with great retail businesses interspersed with office and residential buildings.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GREE-000012-000000-002690-S000000
Land Assessment
$978,880
Improvements Assessment
$16,590
Total Assessment
$995,470
  • Listing ID: 17541249

  • Date on Market: 10/24/2019

  • Last Updated:

  • Address: 1143 E Putnam Ave, Riverside, CT 06878

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