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1 & 59 Post Road, Fairfield, CT 06824

Premier Waterfront Property with Development Opportunity for Sale at $7,500,000

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer 1 & 59 Post Road in Fairfield, CT, premier waterfront properties with a development opportunity, for sale at $7,500,000.​  The offering includes two adjacent parcels with great visibility on Post Road (Route 1) 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 a Designed Commercial District (DCD).​

With 283 linear feet of frontage on 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 121 paved parking spaces.​ The building is 84% occupied with 4,941 RSF available for lease.

With 100 linear feet of frontage on Post Road and approval for a 20-unit apartment building, the adjacent waterfront parcel presents a unique development opportunity.​

Only 53 miles from Grand Central Station in New York City, 1 & 59 Post Road are 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 Bed Bath & Beyond, Circle Hotel, Dunkin’, Whole Foods, Marshall’s, CVS, and the Edge Fitness Center.​

For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext.​ 21.

Financial Information
Sale Price: $7,500,000
Real Estate Taxes: $107,451.92 (2021)
Occupancy: 84%
The Site
Total Building Size: 30,300 RSF
Total Space Available: 4,941 RSF
Land: 1.954 acres
Zoning: Designed Commercial District (DCD)
Year Built: 1985 (Renovated 2009)
Construction: Brick Veneer
Stories: Three
Tenancy: Multiple
Features
Parking: 121 Paved Parking Spaces
Amenities: Handicapped Accessible Common Restroom on Each Floor, Boardwalk Overlooking Ash Creek, Wet Sprinkler System, Upgraded Elevator System, New Roof & Furnace (2020)
Utilities
Water/Sewer: City/City
A/C: Central Air­-Conditioning
Heating: Gas
Updated: 24th January 2022
Contact:
Jon Angel, President
203.335.6600, Ext. 21
jangel@angelcommercial.com
No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors,
omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.