18 Beech StGreenwich, CT 06830

  • Industrial properties
  • 4,965 SF
For Sale
$1,469,000 View listing

Property Details for 18 Beech St

Year built
1900
Construction
FRAME
Lot size
0.27 AC
Property size (Sq ft)
4,965 SF
Zone code
LBR-2
Property type
Industrial properties
Property subtype
Other industrial properties
APN
GREE M:04 B:1892/S
APU
GREEM04B1892S

Description

This exceptional Greenwich, CT commercial property at 18 Beech St offers a unique blend of industrial, office, and storage space, totaling 4,965 square feet on a 0.27-acre lot. Ideally situated seconds from I-95 and near the Westchester County border in the Byram area, this property boasts unparalleled accessibility. Currently configured as a wood fabrication shop (approximately 4,000 square feet), the property also includes approximately 1,000 square feet of pristine office space on the upper level and an additional 1,000 square feet of basement space. Two detached garages flanking the property provide ample additional storage or workshop capacity. The property benefits from low Greenwich taxes and a strong potential market, projecting a 7% capitalization rate with a monthly rental income of $10,490. Zoned LBR2, this versatile property offers significant potential for mixed-use applications, making it an attractive investment opportunity for owner-users seeking a strategic location and diverse space options. The property's combination of industrial, office, and storage space, coupled with its prime location and zoning flexibility, presents a compelling opportunity for a wide range of commercial ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $939,572
    Hospitality
    $860,643
    Educational
    $716,045
    Medical
    $740,671
    Retail
    $1,113,848
18 Beech St, Greenwich, Connecticut

Location Insight

City
Greenwich
County
Fairfield
State
Connecticut
Latitude
41.0034
Longitude
-73.6556
CBSA code
14860
CBSA name
BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,719
$356,580
$392,770
$749,350
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-
-
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