1698 Post RdWestport, CT 06880

  • Showrooms
  • 9,402 SF
For Sale
$1,999,000 View listing

Property Details for 1698 Post Rd

Year built
1920
Construction
FRAME
Lot size
0.58 AC
Property size (Sq ft)
9,402 SF
Zone code
GBD
Property type
Showrooms
APN
WPOR M:I09 L:001-000
APU
WPORMI09L001000

Description

Westport Place, located at 1698 Post Rd E, Westport, CT 06880, offers exceptional office space in a prime location. This Class A building features a variety of office configurations suitable for diverse business needs. The property is a two-story building with multiple tenancies available, catering to various business sizes and types. Currently, there are four spaces available, ranging in size from 150 square feet to 3,200 square feet. The building's diverse subtypes include Medical Office, Creative Office, Traditional Office, Executive Office, and Coworking spaces, providing flexibility for a wide range of businesses. The landlord is actively improving the property and welcoming new tenants, making this an opportune time to secure space. This represents a significant opportunity to lease high-quality office space in a desirable Westport location at a competitive price. The building's address is easily accessible, offering convenient access for employees and clients alike. The available spaces provide a range of options to accommodate businesses of all sizes, from small startups to established corporations. Don't miss this chance to secure your ideal office space in this thriving Connecticut community. Inquire today to explore the available options and secure your space before they are gone.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,285,014
    6.5%
    $2,109,244
    7%
    $1,958,584
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,095,732
    Geo Method
    $3,095,732
  • Alternative Use

    Use
    Valuation
    Residential
    $1,779,226
    Hospitality
    $1,629,762
    Educational
    $1,355,942
    Medical
    $1,402,576
    Retail
    $2,109,244

Location Insight

City
Westport
County
Fairfield
State
Connecticut
Latitude
41.1375
Longitude
-73.3046
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
$27,147
$502,700
$976,700
$1,479,400
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-
-
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