246 Federal RdBrookfield, CT 06804

Property Details for 246 Federal Rd

Year built

1986

Construction

FRAME

Property size (Sq ft)

1,750 SF

Zone code

C-1

Property type

Office properties

Property subtype

Other office properties

APN

BROO M:D14 L:035 U:B11

APU

BROOMD14L035UB11

Description

This exceptional 4,905 square foot Class B medical office building, located at 246 Federal Road in Fairfield County, presents a unique investment opportunity. The entire building, comprising three suites, is currently vacant and available for lease. Suites range from a minimum of 1,060 square feet to a maximum contiguous space of 2,095 square feet, offering flexibility for various medical or related businesses. The property boasts a fantastic location just north of Costco with convenient access to I-84, ensuring high visibility and accessibility for patients and clients. The building features modern amenities including electric heat pump central air conditioning, city sewer, and well water. Each suite includes a private bath and is handicap accessible. The C-1 zoning allows for a variety of uses, including office, medical, dental, rehabilitation, physical therapy, spa/beauty, showroom, retail, or laboratory space. Owner financing may be available, making this an attractive option for qualified buyers. This ground-level space offers approximately 1,750 square feet, ideal for a variety of medical or commercial uses. Don't miss this chance to secure a prime location in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $289,327

  6.5%

  $267,071

  7%

  $247,995

• Comparable approach

  Method

  Valuation

  Relative Method

  $228,655

  Geo Method

  $228,655

• Alternative Use

  Use

  Valuation

  Residential

  $331,168

  Hospitality

  $303,349

  Educational

  $252,382

  Medical

  $261,062

  Retail

  $392,595

Location Insight

City

Brookfield

County

Fairfield

State

Connecticut

Latitude

41.4454

Longitude

-73.4048

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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