For Sale
$9,950,000

100 Mason St Greenwich, CT 06830

Prime Greenwich location, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional mixed-use property in Greenwich, CT, offers a compelling investment opportunity. Located at 100 Mason Street (also known as 71 Lewis Street), this two-story, 10,005 square foot building sits on a 0.25-acre lot and boasts a desirable CGB zoning designation. The property features approximately 10,000 square feet of net rentable space, currently occupied by a mix of tenants, including a regional bank positioned for a sale-leaseback transaction. Two long-term leases have expired and are now month-to-month, presenting a significant opportunity to increase rental income. The building, constructed in 1972, benefits from its prime location just one block from Greenwich Avenue, a renowned retail destination. Its proximity to I-95 and the Greenwich Train Station further enhances its appeal. The asking price is $9,950,000, translating to $994.50 per square foot. This presents a rare chance to acquire a value-add asset in a premium Greenwich submarket with immediate upside potential due to below-market rents. The property's APN is GREE-000001-000000-001952-S000000. This is a multi-tenant building with a strong anchor tenant. Don't miss this chance to capitalize on this unique investment opportunity in one of Connecticut's most affluent towns.

Highlights

  • $9,950,000 asking price for a 10,000 square foot mixed-use (office/retail) property.
  • Prime Greenwich location, one block from Greenwich Avenue.
  • Below-market rents offer immediate upside potential.
  • Sale-leaseback opportunity with anchor tenant Patriot Bank.
  • Excellent access to I-95 and the Greenwich Train Station.
  • Located in a premium Greenwich retail and office submarket.

Property Details for 100 Mason St

Property type
Retail properties, Office properties
Square Feet
10,005 SF
Class
B
Year Built
1972
Buildings
1
Stories
2
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Greenwich
County
Fairfield
State
Connecticut
Latitude
41.0290631
Longitude
-73.6246171

FAQs

What type of property is this?
Retail property - Prime Greenwich location, value-add opportunity.
Where is the retail property located?
The property is located at 100 Mason St Greenwich, CT.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: $9,950,000 asking price for a 10,000 square foot mixed-use (office/retail) property.; Prime Greenwich location, one block from Greenwich Avenue.; Below-market rents offer immediate upside potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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100 Mason St
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