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179 Hamilton Ave 3,569 SF 100% Leased Retail Building Greenwich, CT 06830 For Sale
Investment Highlights
- Situated Within an Affluent & Highly Desirable Community
- Convenient On-Site 11-Car Private Parking Lot Available for Tenants & Visitors
- Well-Maintained, Fully-Leased Asset Featuring Tenant Expense Pass-Throughs Structured to Help Preserve Strong Net Operating Income Performance
Executive Summary
We are pleased to present for sale 179 Hamilton Avenue in sought-after Greenwich, Connecticut (“the Property”).
The Property consists of a two-story, 3,569 SF (3,184 RSF) building which is fully occupied. The first floor space (1,471 SF) is leased and occupied by the Black Rock Antique Center and is operated as a showroom. The lease, which includes pro rata share reimbursements for taxes and CAM, runs through the end of 2028. The 1,713 SF second floor space is leased to Timo & Violet—a luxury sustainable baby, kids and women’s brand blending organic fabrics, original artwork, and upscale boutique gifting—and is used as showroom/office space. The lease, which expires at the end of 2027, includes pro rata share reimbursements for taxes and CAM.
The 0.15-acre site is situated on the corner of Hamilton Avenue and Grand Street, allowing for prominent visibility, and has an 11-car rear private parking lot.
The Property represents a rare opportunity to acquire a well-maintained mixed-use asset in a high-barrier-to-entry Greenwich location with durable tenant demand, stable in-place cash flow, and long-term upside supported by the area’s affluent demographics, limited commercial supply, and strong retail fundamentals.
The Property consists of a two-story, 3,569 SF (3,184 RSF) building which is fully occupied. The first floor space (1,471 SF) is leased and occupied by the Black Rock Antique Center and is operated as a showroom. The lease, which includes pro rata share reimbursements for taxes and CAM, runs through the end of 2028. The 1,713 SF second floor space is leased to Timo & Violet—a luxury sustainable baby, kids and women’s brand blending organic fabrics, original artwork, and upscale boutique gifting—and is used as showroom/office space. The lease, which expires at the end of 2027, includes pro rata share reimbursements for taxes and CAM.
The 0.15-acre site is situated on the corner of Hamilton Avenue and Grand Street, allowing for prominent visibility, and has an 11-car rear private parking lot.
The Property represents a rare opportunity to acquire a well-maintained mixed-use asset in a high-barrier-to-entry Greenwich location with durable tenant demand, stable in-place cash flow, and long-term upside supported by the area’s affluent demographics, limited commercial supply, and strong retail fundamentals.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,569 SF
Building Class
B
Year Built
2006
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.15 AC
Zoning
LBR-2
Parking
11 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
54’ on Hamilton Ave
Amenities
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | GREE-000003-000000-001445-S000000 | Improvements Assessment | $955,290 |
| Land Assessment | $313,040 | Total Assessment | $1,268,330 |
Property Taxes
Parcel Number
GREE-000003-000000-001445-S000000
Land Assessment
$313,040
Improvements Assessment
$955,290
Total Assessment
$1,268,330
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179 Hamilton Ave
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