1529 Post RdWestport, CT 06880

  • Other commercial real estate
  • 9,830 SF
For Lease

Property Details for 1529 Post Rd

Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.19 AC
Property size (Sq ft)
9,830 SF
Zone code
GBD/A
Property type
Other commercial real estate
Property subtype
Showrooms
APN
WPOR M:H09 L:117-000
APU
WPORMH09L117000

Description

This exceptional 2,100 square foot retail end cap space is located at 1529-1543 Post Road East in Westport, Connecticut, within a larger 11,000 square foot building featuring six suites. The property boasts 60 parking spaces and enjoys a prime location with excellent visibility and accessibility. The space itself measures approximately 32'8" x 58'5" and is currently vacant. This presents a unique opportunity to establish a business in a thriving retail environment. Strong co-tenancy includes HSS Sports Rehab by Stamford Health, Palm Beach Tan, Layla's Falafel, and Sun Reflexology. The property benefits from its proximity to a wealth of established retailers, including Balducci's, The Fresh Market, Trader Joe's, BevMax, Stop & Shop, Goodwill, Crate & Barrel, Bassett, Kohler, HomeGoods, Panera, Petco, Michael's, Ulta Beauty, Orangetheory Fitness, Bank of America, Shake Shack, Starbucks, Walgreens, CVS, and The UPS Store, ensuring high foot traffic and consumer visibility. The property is located in Fairfield County and has a convenient cross street access via Maple Avenue N. Taxes are $11 per square foot. Contact us for rental rates and further details.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,389,033
    6.5%
    $2,205,261
    7%
    $2,047,743
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,236,657
    Geo Method
    $3,236,657
  • Alternative Use

    Use
    Valuation
    Residential
    $1,860,220
    Hospitality
    $1,703,952
    Educational
    $1,417,668
    Medical
    $1,466,424
    Retail
    $2,205,261
1529 Post Rd, Westport, Connecticut

Location Insight

City
Westport
County
Fairfield
State
Connecticut
Latitude
41.1392
Longitude
-73.3107
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
$54,593
$1,597,100
$1,378,000
$2,975,100
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-
-
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FAQs

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