158 Kenwood AveFairfield, CT 06824

Property Details for 158 Kenwood Ave

Year built

1955

Construction

FRAME

Lot size

0.37 AC

Property size (Sq ft)

7,628 SF

Zone code

I

Property type

Other commercial real estate

Property subtype

Showrooms

APN

FAIR M:130 B:261

APU

FAIRM130B261

Description

This exceptional 7,628-square-foot retail property at 158 Kenwood Avenue in Fairfield, Connecticut, presents a rare opportunity. Situated on a substantial 37-acre lot, this single-tenant building offers significant potential for a variety of commercial uses. Built in 1955, the structure boasts a spacious layout ideal for retail operations. The entire 7,628 square feet is currently vacant, providing immediate occupancy for a new tenant. The property is zoned D.I - Design Industrial, offering flexibility for adaptive reuse. Power is supplied by a 208-amp, 3-phase system. A key feature is its convenient location near I-95, ensuring excellent accessibility and visibility. The property includes ample on-site parking. While the main building offers 7,628 square feet of retail space, a portion includes a 2,150-square-foot warehouse/flex area with two overhead doors, an office, kitchenette, and workshop. Ceiling heights in the warehouse area range from 9'9" to 11'7". This unique combination of retail and warehouse space makes this property exceptionally versatile and attractive to a wide range of businesses. The property is located in Fairfield County, Connecticut, with a Fairfield zip code of 06824.

• CAP approach

  CAP return

  Valuation

  6%

  $1,853,870

  6.5%

  $1,711,265

  7%

  $1,589,032

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,511,620

  Geo Method

  $2,511,620

• Alternative Use

  Use

  Valuation

  Residential

  $1,443,516

  Hospitality

  $1,322,253

  Educational

  $1,100,099

  Medical

  $1,137,933

  Retail

  $1,711,265

Location Insight

City

Fairfield

County

Fairfield

State

Connecticut

Latitude

41.1567

Longitude

-73.2372

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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