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Partridge Hill 215 Post Rd W 7,690 SF 9% Leased Office Building Westport, CT 06880 $8,975,000 ($1,167.10/SF) 1.34% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Post Road West location close to Town center, Railroad, Turnpike and Merritt Parkway.
  • Parcel can be divided to provide a single acre site for condominium or retail development.

EXECUTIVE SUMMARY

Owner user or development site
Parcel can be divided to provide a single acre site for condominium, retail , medical and mixed use development. approved for 25,000 sq. ft. building
call Michael Calise for further information

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
7,690 SF
Building Class
C
Year Built
1903
Price
$8,975,000
Price Per SF
$1,167.10
Cap Rate
1.34%
NOI
$120,000
Percent Leased
9%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,500 SF
Building FAR
0.09
Lot Size
2.02 AC
Zoning
BPD - Mixed use development site
Parking
35 Spaces (3.57 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning

ABOUT 215 POST RD W , WESTPORT, CT 06880

Combination residential commercial development site Property can be divided to single acre site for condominium, retail, medical or office development. call Michael Calise for further information.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Settlers & Traders Real Estate Company
  • -
  • 500 SF
  • -
  • Dec 2023
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Settlers & Traders Real Estate Company - 500 SF - Dec 2023

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WPOR-000008B-000000-000075
Land Assessment
$1,598,900
Improvements Assessment
$698,600
Total Assessment
$2,297,500
  • Listing ID: 14715311

  • Date on Market: 12/26/2018

  • Last Updated:

  • Address: 215 Post Rd W, Westport, CT 06880

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