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    979 Post Rd E Westport, CT 06880

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    For Sale
    $3,300,000

    Contiguous retail properties with redevelopment potential in prime location.

    Property size:
    10,593 SF
    Lot size:
    0.67 Acres

    Property Features for 979 Post Rd E

    General Information

    Size
    10,593 SF
    Lot size
    0.67 Acres

    Source: HK Group Agent Franco Fellah

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

    Overview

    Post Road East Retail Properties

    These two contiguous properties are located in an excellent section of the Post Road East. The properties function well as a pair and offer future redevelopment potential. The property at 971 Post Road East features a rear building with flex/retail space, currently used for two shadow kitchens. This type of space is in demand. The properties include a mix of six commercial tenants together with a residential unit. Most tenants have been there multiple years and are stable. Some of the leases allow for an investor/user to potentially recapture and occupy space at the properties. The rents are under market, with potential to grow in the future. The property size is 10593 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Westport Spaces Real Estate Agency Inter Section LLC Business Management Consultant Steven Raucci Real ... Real Estate Agents RE/MAX Heritage: STEFANIE ... Real Estate Agent Milton Homes, LLC. Custom Home Builder

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Westport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.3313357
    Latitude
    41.1389991

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    FAQs

    What type of property is this?
    Retail space - Contiguous retail properties with redevelopment potential in prime location.
    Where is this retail space located?
    The property is located at 979 Post Rd E Westport, CT.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Excellent location on Post Road East (US-1) with high visibility.; - Future redevelopment potential due to contiguous properties.; - Mix of six commercial tenants and one residential unit provides diverse income streams.
    (203) 981-3476
    Request Owner's contact information
    979 Post Rd E Westport, CT 06880
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    Westport, CT 06880
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    Realmo Value Estimation

    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.

    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.

    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
    979 Post Rd E Westport, CT 06880
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