This exceptional investment opportunity presents a portfolio of three vacant industrial buildings totaling 86,018 square feet on 2.65 acres in Fairfield, Connecticut. Located at 360, 387, and 430 Tunxis Hill Road, this property offers significant redevelopment potential. The portfolio is comprised of three buildings: a 20,273 square foot two-story building, a 21,921 square foot two-story building, and a 43,824 square foot three-story building. The buildings are situated in a high-visibility location on Route 58, near major retailers such as TJ Maxx, Stop & Shop, Aldi, and Floor & Decor. The site benefits from excellent accessibility, being less than 1.2 miles from I-95 and 1.6 miles from the Fairfield Metro Train Station. A Greater Bridgeport Transit Bus Stop is also conveniently located nearby. The property is zoned NDD, DCD & B, allowing for a variety of redevelopment options, including retail, mixed-use, or residential projects, subject to zoning approval. The asking price for the entire portfolio is $14,886,000, with individual building prices available upon request. The property became vacant on September 26, 2023. This presents a rare chance to acquire a substantial property with high redevelopment potential in a thriving Connecticut market. The location offers proximity to Fairfield University, providing access to a large student and employee population.
Highlights
Tunxis Hill Portfolio: Three auto dealerships/service centers totaling $14,886,000, available individually or as a portfolio.
High-visibility location on Tunxis Hill Road, near major retail.
Less than one mile from other established dealerships.
360 Tunxis Hill Road: 20,273 SF building with 6,830 SF of leasable space, priced at $3,600,000.
387 Tunxis Hill Road: 21,921 SF building on 1.37 acres, with potential for parcel sales, priced at $4,566,000.
430 Tunxis Hill Road: 43,824 SF, three-story building offering scenic views, priced at $6,720,000.
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Contacts
Jon Angel
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360 Tunxis Hill Rd, Fairfield, Connecticut, 06825
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360 Tunxis Hill Rd
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