Apartment Portfolio with Mixed-Use
For Sale
Contact for pricing
Pending
260 Riverside Ave, Westport, CT 06880
Four-building waterfront portfolio includes leased apartments, retail space, and river-view residential units.
Property SizeContact for details
Days on Market141
Property Features for 260 Riverside Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Road Access
Yes
Multifamily Units
10
Building Details
Buildings
4
Tenancy
Multi
Listing Agency:
Avison Young - Fairfield Westchester
(203) 273-2036
Listed By:
Will Suarez · License #CT REB.0793144
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 9:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Fairfield Westchester
Investment Insights
Based on property information with market context.
This four-building portfolio combines two apartment buildings with two freestanding mixed-use properties along the Saugatuck River. The residential component includes nine fully leased units totaling 10,170 square feet; five are configured as two-bedroom, two-and-a-half-bath apartments. Completed as new construction in early 2021, the residences feature marble bathrooms, in-unit laundry, gas and electric ranges, stainless steel appliances, and contemporary fixtures. A three-bedroom penthouse at 260 Riverside Avenue includes a private roof deck, and two apartments satisfy affordable housing requirements.
The mixed-use component totals 3,700 square feet across 263 and 265 Riverside Avenue. Together, the buildings contain three retail tenants and one apartment, with uses including interior design and home furnishings, an artist live/work loft, and a deli and grille. The property is positioned on the western bank of the Saugatuck River between the Post Road Bridge and Route 136 Old Bridge, with river views from select residences.
The mixed-use component totals 3,700 square feet across 263 and 265 Riverside Avenue. Together, the buildings contain three retail tenants and one apartment, with uses including interior design and home furnishings, an artist live/work loft, and a deli and grille. The property is positioned on the western bank of the Saugatuck River between the Post Road Bridge and Route 136 Old Bridge, with river views from select residences.
Key Highlights
- Nine fully leased apartments across 10,170 square feet
- Five units offer 2‑bedroom/2.5‑bath layouts
- Residential buildings completed with new construction in early 2021
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,433
Businesses Nearby
Explore this area
Business Placement
Demographics for 06880, CT
27,233
Population
10,348
Households
2.6
Avg Household Size
45
Median Age
78%
College-Educated
98%
High-School Grad
20.0 sq mi
ZIP Area
1,362
Density / Sq Mi
$250,001
Median Household Income
$105,703
Median Earnings
$2,369
Median Rent
$1,244,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-building waterfront portfolio includes leased apartments, retail space, and river-view residential units.
Where is this apartment building located?
The property is located at 260 Riverside Ave Westport, CT.
What are key features of this property?
This property features: Nine fully leased apartments across 10,170 square feet; Five units offer 2‑bedroom/2.5‑bath layouts; Residential buildings completed with new construction in early 2021
