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23 Maple Ave Greenwich, CT 06830

Prime location, high rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional Greenwich, CT investment opportunity encompasses two adjacent properties at 23 & 11 Maple Avenue, totaling 16,788 square feet. The five-story, mixed-use buildings, constructed in 1906 and 1984, boast a permitted R-20 zoning, allowing for residential, office, and medical office uses. Currently, the properties feature five apartments and three office/medical suites, with a mix of month-to-month and longer-term leases. Four apartments and two office/medical units are currently vacant, presenting a significant opportunity for a new owner to renovate and lease at market rates. The property includes 38 parking spaces. Located in Fairfield County, zip code 06830, this central Greenwich location benefits from a low vacancy rate in both the apartment and office/medical markets, making it an ideal investment for capitalizing on strong rental demand. The properties' flexible tenancy and desirable location offer a compelling opportunity for significant return on investment. This iconic Greenwich property is ready for a new owner to maximize its potential.

Highlights

  • Landmark Greenwich property.
  • Five (5) apartment units.
  • Three (3) office/medical suites.
  • Strong apartment rental demand.
  • High occupancy in office and medical space.
  • Value-add opportunity through renovations and rent increases.

Property Details for 23 Maple Ave

Property type
Office properties, Medical offices
Square Feet
16,788 SF
Stories
5

Location Insight

City
Greenwich
County
Fairfield
State
Connecticut
Latitude
41.0361768
Longitude
-73.6222077

FAQs

What type of property is this?
Office property - Prime location, high rental potential.
Where is the office property located?
The property is located at 23 Maple Ave Greenwich, CT.
What are key features of this property?
This property features: Landmark Greenwich property.; Five (5) apartment units.; Three (3) office/medical suites.
How can I contact the broker?
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23 Maple Ave
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