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1620 Post Road East, Westport, CT 06880

Retail Strip Center with Residential Development Potential for Sale at $9,900,000

1620 Post Road East, Westport, C

25,081 RSF Retail Strip Center with Residential Development Potential for Sale - Minutes from I-95. Located across the street from the Westport Inn and next to Landsdowne Condominiums, the Strip Center is in a high traffic retail corridor with 298 linear feet of frontage on Post Road East (Route 1).

Built in 1946, the four parcel strip center with 56 parking spaces and one drive-in door is situated on 1.09 acres in a GBD zone. The building predates the current zoning regulations which limits building size to 10,000 SF. There is a potential multi-unit residential development opportunity on the 2.06 acres of vacant land in a GBD/A zone behind the strip center which is also accessible from Highgate Court.

Current tenants include RediCut Carpet, Innovation Luggage, and Pane e Bene. Neighbors include Honda of Westport, Fairfield Green Shopping Center, Dunkin' Donuts, The Westport Inn, Lansdowne Condominiums, Westfair Shopping Center, Stop & Shop, Home Goods, Petco, Panera Bread and Michaels.

The Retail Strip Center is 1.3 miles from I-95 (Exit 19) and a one minute walk to a Coastal Link bus stop.

The Site
Strip Center Size: 25,081 RSF
Land: 3.17 acres
Real Estate Taxes: $104,494.96 (2019)
Zoning: GBD / Residence A District
Year Built: 1946
Construction: Concrete / Cinder Block
Stories: Partial One Story & Partial Two Story
Tenancy: Multiple
Features
Traffic Count: 18,758 Average Daily Volume
Parking: 56 Spaces in Strip Center
Loading: 1 Drive-in Door
Amenities: Includes 2.06 parcel of vacant land
Utilities
Water/Sewer: City/City
Heating: Gas
A/C: Central Air­-Conditioning
Three Mile Demographics
Population: 40,530
Median HH Income: $183,599
Five Mile Demographics
Population: 105,743
Median HH Income: $156,523
Updated: 18th April 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.