1 Post Road, Fairfield, CT 06824 Premier Waterfront Property with Development Opportunity for Sale at $7,500,000

Name: 1 Post Road, Fairfield, CT 06824
Brand: Angel Commercial, LLC
SKU: 821
Price: 7500000 USD
Availability: InStock
Rating: 4.0 (71 reviews)

$7,500,000 $247.52 / SF

For Sale Details

$7,500,000
$247.52 / SF

Property Type Office

Status Active
Created 01/04/21
Updated 02/16/21

About 1 Post Road, Fairfield, CT 06824

Premier Waterfront Property with Development Opportunity for Sale in Fairfield, CT, with Great Visibility on the Post Road (Route 1). Two adjacent parcels on 1.954 acres consisting of a 30,300 RSF three-story office building on 1.28 acres plus a development opportunity on 0.66 acres in Designed Commercial District (DCD) .

With 283 linear feet of frontage on the Post Road, the waterfront office building features a boardwalk overlooking Ash Creek, modern glass double entrance doors, recessed lighting, and high-end finishes including rich wood moldings and marble floors. In 2020, the elevator system was updated, a new gas furnace was added when the heating was switched from electric to gas, and a new roof was installed. It is handicapped accessible and there is abundant parking with 4 spaces per 1,000 RSF. The building is 69% occupied with 9,760 RSF available for lease, and 5,556 RSF available for sublease.

With 100 linear feet of frontage on the Post Road, the 0.66 acres of adjacent waterfront land presents a development opportunity. The land has approval for a 20-unit apartment building.

Only 53 miles from Grand Central Station in New York City, One Post Road is within walking distance to restaurants, banks, hotels, shopping, and public transportation. It is less than one mile from I-95 (Exit 23) and the Fairfield Metro Train Station, and near the Circle Hotel Fairfield, Whole Foods, CVS, Home Depot, and the Edge Fitness Center.

Building Details

Tenancy: Multitenant
Building Area (SF): 30,300
Year Built: 1985
Number of Stories: 3
Number of Buildings: 1

Land Details

Parking Count: 121
Acreage: 1,954
Gas: Yes
Sewage System: Public Sewer
Water System: Public Water

Financial Characteristics

Occupancy Percent: 69%

The Office property at 1 Post Road, Fairfield, CT 06824 is currently available for sale. Contact Jon Angel from Angel Commercial, LLC for more information.