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1 & 59 Post Road, Fairfield, CT 06824

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

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.

The Site
Total Building Size: 30,300 RSF
Land: 1.954 acres
Zoning: Designed Commercial District (DCD)
Year Built: 1985 (Renovated 2009)
Construction: Brick Veneer
Stories: Three
Tenancy: Multiple
Financial Information
Sale Price: $7,500,000
Real Estate Taxes: $107,451.92 (2021)
Occupancy: 69%
Features
Parking: 4 spaces per 1,000 RSF
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: 21st September 2021
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.