For Sale. Unique User or Investor Property. F a i r f i e l d C o u n t y

Transcription

1 For Sale Unique User or Investor Property

2 E X E C U T I V E S U M M A RY 278 Post Road East represents a unique opportunity to acquire a modern, high- visibility, freestanding premier property located in the heart of the Post Road East (US-1) in Westport, one of the most desirable communities in the United States. The building has been in continuous use by various tenants over the years and is currently partially tenanted. This gives great flexibility to a purchaser to occupy it entirely for their own use or occupy part of the building while maintaining income from other tenants. The building offers four floors of rentable space plus a full basement. Each floor offers an open floor plan which allows for flexible uses and tenancy. The property is within a short walking distance to beautiful downtown Westport shops, restaurants, banks and town amenities. The Town of Westport, with an Average Household Income of $243,625, has one of the highest demographic's profiles in the United States. The Town is also extremely well managed and has one of the lowest real estate tax rates in Fairfield County, in relation to services provided. With the incredible visibility, high population density and the very wealthy neighboring communities, 278 Post Road East represents a unique opportunity for a user or investor to acquire. An investment in a community like Westport has proven very effective in the past, and will again in the future. All information from sources deemed reliable and is submitted subject to errors, omissions, change of price, rental, prior sale and withdrawal without notice.

3 ABOUT THE PROPERTY Address: Land Size: Zoning District: Frontage: Building Size: Year Built: Access: Construction: HVAC: Electrical: Sewer: RE Taxes: Parking: Traffic Count: Asking Price: 278 Post Road East, Westport, CT Acres BPD/ A 65 on Post Road East 5,095 +/- Total Square Feet Fully renovated in 2005 Direct entrance on Post Road East Wood frame on stone foundation Natural gas/electric forced air heat and central A/C for entire building 200 Amp service. Property is on Sewer $21, car parking on site 23,400 +/- VPD $2,600, All information from sources deemed reliable and is submitted subject to errors, omissions, change of price, rental, prior sale and withdrawal without notice.

4 Front Entrance

5 Floorplan

6 Floorplan

7 Rear Entrance

8 Exterior Photos

9 Interior Photos

10 Survey

11 Aerial All information from sources deemed reliable and is submitted subject to errors, omissions, change of price, rental, prior sale and withdrawal without notice.

12 Downtown Westport Starbucks Tiffany's Patagonia Theory Vince Gap Athleta Ann Taylor West Elm Pottery Barn LF Stores Banana Republic Benefit Peloton Blue Mercury Sunglass Hut Vineyard Vines Brooks Brothers Restoration Hardware Anthropologie Barbour Lu Lu Lemon Nic + Zoe Savannah Bee Spotted Horse HSBC Bank William Sonoma Playhouse Plaza Shopping Center The Granola Bar Pure Barre She La La Massage Envy Acorn Pharmacy US Post Office Organic Market Westport County Playhouse Westport Library Paper Source Bank of America Design Within Reach AT&T Lillian August Webster Bank The Plumbed Serpent Destination Maternity Saugatuck River 278 Post Road East All information from sources deemed reliable and is submitted subject to errors, omissions, change of price, rental, prior sale and withdrawal without notice.

13 Map 278 Post Road East All information from sources deemed reliable and is submitted subject to errors, omissions, change of price, rental, prior sale and withdrawal without notice.

14 Traffic Counts All information from sources deemed reliable and is submitted subject to errors, omissions, change of price, rental, prior sale and withdrawal without notice.

15 For additional information, please contact: Ricardo E. Cordido, CCIM Vice President HK Group Commercial Real Estate 253 Riverside Avenue Westport, CT O: C: