125 Putnam AveGreenwich, CT 06831

  • Retail properties
  • 3,544 SF
For Lease

Property Details for 125 Putnam Ave

Year built
1947
Construction
FRAME
Lot size
0.24 AC
Property size (Sq ft)
3,544 SF
Zone code
CGBR
Property type
Retail properties
Property subtype
Retail space
APN
GREE M:07 B:1616/S
APU
GREEM07B1616S

Description

This exceptional retail space, located at 125-143 West Putnam Avenue in Greenwich, Connecticut, offers 1,200 square feet of versatile commercial space within a larger 9,744 square foot building. Situated in Fairfield County, this property boasts a prime location, offering excellent visibility and accessibility. The single suite available is part of a multi-tenant building, providing a vibrant and synergistic environment. The address places the property in close proximity to the bustling Greenwich Avenue retail corridor, ensuring high foot traffic and exposure to a desirable demographic. This presents a unique opportunity for businesses seeking a well-established location within a thriving retail community. The space is ready for immediate occupancy, allowing for a swift and seamless transition for new tenants. The property's convenient location and ample square footage make it an ideal choice for a variety of retail businesses looking to establish or expand their presence in the heart of Greenwich. The building's total size is 9,744 square feet, indicating a substantial and well-maintained structure. This listing presents a rare opportunity to secure a prime retail space in a highly sought-after area of Greenwich, Connecticut. The zip code is 06831.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $861,316
    6.5%
    $795,061
    7%
    $738,271
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,166,909
    Geo Method
    $1,166,909
  • Alternative Use

    Use
    Valuation
    Residential
    $670,663
    Hospitality
    $614,324
    Educational
    $511,110
    Medical
    $528,688
    Retail
    $795,061
125 Putnam Ave, Greenwich, Connecticut

Location Insight

City
Greenwich
County
Fairfield
State
Connecticut
Latitude
41.0346
Longitude
-73.6238
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
$25,497
$1,576,050
$615,160
$2,191,210
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-
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