Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    27 Main St Westport, CT 06880

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    10,001 SF retail space in downtown Westport.

    Property size:
    4,688 SF
    Lot size:
    0.11 Acres

    Property Features for 27 Main St

    General Information

    Size
    4,688 SF
    Lot size
    0.11 Acres

    We can help!

    Listing Contact
    Jonathan Gordon
    Jonathan Gordon
    Source: Moodyscre

    Listing Agency: Admiral Real Estate Services Corp. Listing Agent: Jonathan Gordon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Westport Retail Space with Signage

    This 10,001 square foot, two-story building is located in downtown Westport and is one of the last large retail sites available in the area. The property features two entrances, one on Main Street and the other on Parker Harding Plaza. It offers immense signage opportunities and ample parking directly in front of the building. The space has a modern built-out, private ADA compliant restrooms, an elevator, and a conveyor. This location is situated in a high-end, luxury retail area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.3617845
    Latitude
    41.1417436

    Nearby Similar for Lease

    • $2,300 /Mo
      2,775 SF

      Westport Office Space For Rent

      Bright, spacious office with private entrance and dedicated parking.
      6 East Main St, Westport, CT 06880
      View Details
    • $62 SF/Yr

      Historic Office Space in Westport

      Historic office building in downtown Westport with parking and generator.
      61 Jesup Rd, Westport, CT 06880
      View Details
    • Sponsored
      New
      Contact for pricing

      CT, Westport - Wright Street

      Flexible workspace in CT, Westport - Wright Street
      8 Wright St, Westport, CT 06880
      View Details
    • New
      Contact for pricing
      200 SF

      Charming Office Space in Westport

      Lower level office with kitchenette near downtown Westport Main.
      27 Imperial Ave, Westport, CT 06880
      View Details
    • Contact for pricing
      4,633 SF

      Riverside Avenue Office Space Available

      Office building with Saugatuck River and golf course views.
      274 Riverside Ave, Westport, CT 06880
      View Details
    • $35 SF/Yr
      1,500 SF

      Saugatuck Office Space Available

      Bright, centrally located office space with conference rooms and kitchen.
      20 Saugatuck Ave, Westport, CT 06880
      View Details
    • Contact for pricing
      160 SF

      Westport Office Space For Rent

      Luxurious office space available in high-end mixed-use Westport property.
      1330 Post Rd E, Westport, CT 06880
      View Details
    • Contact for pricing
      2,329 SF

      Downtown Westport Mixed-Use Retail Space

      Retail space in a historically significant mixed-use development.
      59 Post Rd E, Westport, CT 06880
      View Details
    • Contact for pricing
      2,400 SF

      Prime Retail Space Westport

      Retail space on Westport's premier shopping street for rent.
      161 Main St, Westport, CT 06880
      View Details
    • Contact for pricing
      2,961 SF

      Riverside Avenue Office Complex

      Office complex near downtown Westport and Saugatuck River.
      329 Riverside Ave, Westport, CT 06880
      View Details
    • Contact for pricing
      800 SF

      Retail Space on Post Road

      Retail space available for lease in Westport, Connecticut.
      153-155 Post Rd E, Westport, CT 06880
      View Details
    • Contact for pricing
      1,765 SF

      Prime Retail/Medical Westport Location

      Freestanding building on Post Road with high visibility and ample parking.
      345 Post Rd W, Westport, CT 06880
      View Details

    FAQs

    What type of property is this?
    Retail space - 10,001 SF retail space in downtown Westport.
    Where is this retail space located?
    The property is located at 27 Main St Westport, CT.
    What are key features of this property?
    This property features: - Prime downtown Westport retail location.; - Large 10,001 SF space.; - Two entrances: Main St and Parker Harding Plaza.
    (914) 779-8200 Call to check price and availability
    Request Owner's contact information
    27 Main St Westport, CT 06880
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27 Main St
    Westport, CT 06880
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27 Main St Westport, CT 06880
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jonathan Gordon
    Jonathan Gordon
    (914) 779-8200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!