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4 Whitney Street Ext 2,346 SF 70% Leased Office Building Westport, CT 06880 $1,450,000 ($618.07/SF) 4.45% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Ample parking
  • Private backyard
  • 10% building capabilities
  • Private suites and entrances
  • Close to shopping, beaches and downtown village

EXECUTIVE SUMMARY

Investment & Owner-Occupier Opportunity in Prime Commercial location in Westport, CT - Ideal for Investors and Businesses with Multi-Function Space! This office building offers a compelling opportunity for both income generation and owner occupancy with a total of 9 functional spaces. Situated in a highly desirable central Westport location, the property features: Accessory Dwelling unit 2-3 bedrooms, LR/dining area or could be used as multi-function office annex w/separate reception area, full bath: Main Office (4/5 spaces): Reception, 3 offices, kitchen, and a large studio with a separate entrance, plus a renovated half bath. Upper Level (private entrance - 2 spaces): 2 office/studios, each with its own full renovated bath. Benefit from 13 parking spaces, shared outdoor space, and significant expansion potential to add more office suites. With all essential utilities connected, this well-maintained building offers a stable foundation and the chance to capitalize on a prime professional environment. Explore the possibilities for increased lease rates and secure a valuable commercial asset with substantial upside and flexible space configurations. **Possible residential conversion with town approval** Current rent roll is below market rate - Great Opportunity and Turn-key!!

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,346 SF
Building Class
C
Year Built
1941
Price
$1,450,000
Price Per SF
$618.07
Cap Rate
4.45%
NOI
$64,525
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,173 SF
Building FAR
0.21
Lot Size
0.26 AC
Zoning
RPOD - Restricted Professional Office District
Parking
13 Spaces (5.54 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Storage Space
  • Outdoor Seating
  • Air Conditioning
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1-700 SF
  • Flex
  • Full Build-Out
  • Dec 2025

Great 3-room office space with reception and full bath, can also be used as ADU. This beautifully updated private office with a brand-new kitchen and bath, hardwood floors throughout, and a private entrance for ultimate convenience. Tucked away on a quiet street, you'll enjoy ample parking with 2 on-site parking spaces, on-site laundry, and access to a private backyard complete with chicken coop privileges! Just minutes from vibrant downtown Westport, Wonderland Campo Beach, the Westport train station, and an array of fantastic shopping and dining options, it offers the perfect blend of tranquility and accessibility. Tenants handle utilities, delivering exceptional value. Minutes to downtown Westport and by bike or car to Compo Beach!

Space Size Space Use Condition Available
1st Floor 1-700 SF Flex Full Build-Out Dec 2025

1st Floor

Size
1-700 SF
Space Use
Flex
Condition
Full Build-Out
Available
Dec 2025

1st Floor

Size 1-700 SF
Space Use Flex
Condition Full Build-Out
Available Dec 2025

Great 3-room office space with reception and full bath, can also be used as ADU. This beautifully updated private office with a brand-new kitchen and bath, hardwood floors throughout, and a private entrance for ultimate convenience. Tucked away on a quiet street, you'll enjoy ample parking with 2 on-site parking spaces, on-site laundry, and access to a private backyard complete with chicken coop privileges! Just minutes from vibrant downtown Westport, Wonderland Campo Beach, the Westport train station, and an array of fantastic shopping and dining options, it offers the perfect blend of tranquility and accessibility. Tenants handle utilities, delivering exceptional value. Minutes to downtown Westport and by bike or car to Compo Beach!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WPOR-000009D-000000-000156
Land Assessment
$346,900
Improvements Assessment
$244,900
Total Assessment
$591,800
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 38626815

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 4 Whitney Street Ext, Westport, CT 06880

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