Listing Agency: Tedesco Realty Show Phone

Listed By: Michael J. Tedesco · License #REB.0675965 Show Phone

Source: Moodyscre

Added: Jul 7, 2025 Changed: Sep 12 Last Checked: Oct 12 at 9:40PM

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Investment Insights

Based on property information with market context.

This 1.14-acre corner property in Riverside features mixed-use investment potential. The site, totaling 49,745 square feet, includes 9,592 square feet of improvements across three buildings, plus storage and a garage. Currently zoned LB and R-12, the property is leased to Mavis Auto with a lease extending up to 13 years, providing a 7% return. The property is suitable for its current use or redevelopment as a retail center.

Key Highlights

• 7% Return on Investment
• Riverside Corner Location on 1.14 Acres**
• Mixed‑Use Investment Potential

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

752

Businesses Nearby

161k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 48% Groceries 22% Shops & Services 19% Office Supplies 8%

McDonald's Dining

38,259 visits/mo 0.3 miles

ACME Markets Groceries

24,019 visits/mo 0.4 miles

Mobil Shops & Services

16,562 visits/mo 0.1 miles

Chipotle Mexican Grill Dining

15,551 visits/mo 0.3 miles

Staples Office Supplies

13,131 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Complete Auto & Truck Repairs — Greenwich, CT 06807
• Mavis Discount Tire — 1118 E Putnam Ave, Riverside, CT 06878
• cycletech performance — 7 Cos Cob Ave, Cos Cob, CT 06807
• Mavis Tires & Brakes — 1330 E Putnam Ave, Old Greenwich, CT 06870
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Frequently Asked Questions

What type of property is this?

Auto shop - 1.14 acre corner lot with mixed-use investment potential.

Where is this auto shop located?

The property is located at 1116-1130 E Putnam Ave Greenwich, CT.

What are key features of this property?

This property features: 7% Return on Investment; Riverside Corner Location on 1.14 Acres**; Mixed‑Use Investment Potential