282 Mason StGreenwich, CT 06830

Property Details for 282 Mason St

Year built

1910

Construction

STEEL FRAME

Lot size

0.12 AC

Property size (Sq ft)

7,781 SF

Zone code

CGB

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

GREE M:01 B:1717/S

APU

GREEM01B1717S

Description

This exceptional 8,000 square foot commercial property at 282 Mason Street in Greenwich, Connecticut, presents a unique opportunity for businesses seeking flexible and strategically located space. The property, zoned for retail and office use, offers a versatile layout suitable for a variety of commercial ventures. Currently, the entire 8,000 square feet is available for lease or sale, providing a blank canvas for customization. The building's multiple tenancy configuration allows for the potential division of space to accommodate multiple tenants or a single large occupant. Two spaces are immediately available, ranging from 3,500 to 4,350 square feet each, offering significant flexibility in terms of layout and design. The property's prime location directly behind Greenwich Avenue ensures high visibility and accessibility, placing it within easy reach of the vibrant commercial heart of Greenwich. The address is 282 Mason Street, Greenwich, CT 06830. This presents a rare chance to secure a substantial and well-situated commercial property in a highly desirable Connecticut location. The property is ideal for businesses seeking a prominent presence in a thriving market. Interested parties are encouraged to inquire about lease or purchase options.

• CAP approach

  CAP return

  Valuation

  6%

  $1,286,432

  6.5%

  $1,187,475

  7%

  $1,102,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,016,665

  Geo Method

  $1,016,665

• Alternative Use

  Use

  Valuation

  Residential

  $1,472,470

  Hospitality

  $1,348,774

  Educational

  $1,122,164

  Medical

  $1,160,757

  Retail

  $1,745,589

Location Insight

City

Greenwich

County

Fairfield

State

Connecticut

Latitude

41.0225

Longitude

-73.624

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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