Multi-Use Property in Prime High Traffic Location for Sale

Milford CT

10 March, 2022

3:41 PM

Description

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer a multi-use property located at 226 Kings Highway East and 735-737 Villa Avenue in Fairfield, CT, for sale at $2,900,000. The property is in a prime high traffic location and a busy neighborhood shopping destination on a triangular corner lot with frontage on two streets (Route 1 & Villa Avenue) and two curb cuts. It has excellent visibility and is easily accessible. 226 Kings Highway & 735-737 Villa Avenue, Fairfield, CT The property is ideal for a business owner looking to purchase and occupy a retail store or office, with the benefits of an additional income stream from multiple sources. With 47 shared parking spaces on 0.63 acres in a Designed Commercial District (DCD) zone, the property consists of two adjacent buildings. 226 Kings Highway East is an 8,207 SF two-story building with a wrap-around canopy configured for six tenants. A 4,115 SF retail store on the first floor is currently available for rent that includes an additional 930 SF of space in the unfinished basement, which has a utility sink and a second egress from the exterior of the building via an overhead door. On the second floor, there is 4,092 SF which consists of five leased one-bedroom, one-bath apartments.735-737 Villa Avenue is a 3,625 SF two-story building configured for two tenants: Soap Box Laundromat has a triple net lease for the first floor and 840 SF of office space with two bay windows and a private restroom is available for rent on the second floor. The property is across the street from Super Stop & Shop and Starbucks, and near the new Floor & Décor and Aldi Supermarket, Walgreens, Meineke Car Care Center, Nutmeg Bowl, and Chaves Bakery & Deli. 226 Kings Highway East & 735-737 Villa Avenue in Fairfield, CT, are 1.2 miles from I-95 (Exit 24) and 2 miles to the Route 8 Connector to Route 25 and the Merritt Parkway. For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21, or click here to view the property listing.