Mixed-Use Property with Commercial
New
For Sale
$1,300,000
269 Greenwood Ave, Bethel, CT 06801
An existing lease provides income through April 2028 while future reuse or redevelopment is evaluated.
Property Size9,830 SF
Price / SF$132.25
Days on Market6
Property Features for 269 Greenwood Ave
General Information
Standard status
Active
Size
9,830 SF
Property subtype
Vacant-User
Amenities
Rare Downtown Bethel Infill Redevelopment Opportunity | Adaptive Reuse Candidate with Significant Recent Capital Improvements
Existing Income Stream Through April 2028 Minimizes Near-Term Carry Costs
Commercial Zoning with Potential Mixed-Use and Residential Redevelopment Opportunities | Positioned Within a Strong Fairfield County Housing Market
Potential Opportunity to Leverage Connecticut Housing and Redevelopment Initiatives | Existing Building May Support Conversion, Repositioning or Future Redevelopment
Highly Flexible Exit Strategies: Hold, Redevelop, Reposition or Owner-Occupy
Ideal for Developers Seeking Entitlement and Planning Time While Collecting Rent | Mixed-Use, Multifamily & Commercial Redevelopment Potential
Rare Combination of Income, Flexibility and Long-Term Redevelopment Potential
±9,830 SF Building on ±0.76 Acres | Income in Place Through April 2028 | Recent Roof & HVAC Improvements Minimizing Near-Term Capital Needs
Building Details
Building Size
9,830 SF
Year Built
1973
Listing Agency:
Marcus & Millichap - New Haven
Listed By:
Maria DeAngelis · License #License(s): CT: RES0807196
(203) 672-3329
Source:
Marcusmillichap
Added: Sep 30
Last Checked: Oct 5 at 3:05PM
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 Marcus & Millichap - New Haven
Investment Insights
Based on property information with market context.
At 269 Greenwood Avenue, this mixed-use property includes 9,830 square feet of existing improvements on a 0.76-acre site. Built in 1973, the property has received a roof coating and replacements of multiple HVAC units. Commercial zoning supports consideration of adaptive reuse or redevelopment, with any future plans subject to municipal approvals.
The site is in Bethel’s downtown commercial district, near transit, retail, and residential uses. The existing lease runs through April 2028, providing an interim income stream while a future owner assesses the property’s next direction.
The site is in Bethel’s downtown commercial district, near transit, retail, and residential uses. The existing lease runs through April 2028, providing an interim income stream while a future owner assesses the property’s next direction.
Key Highlights
- 9,830 square feet of existing improvements on 0.76 acres
- Existing lease extends through April 2028
- Commercial zoning; future plans are subject to municipal approvals
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
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Business Placement
Demographics for 06801, CT
20,245
Population
7,907
Households
2.6
Avg Household Size
43
Median Age
45%
College-Educated
91%
High-School Grad
16.9 sq mi
ZIP Area
1,198
Density / Sq Mi
$115,135
Median Household Income
$52,886
Median Earnings
$1,458
Median Rent
$426,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An existing lease provides income through April 2028 while future reuse or redevelopment is evaluated.
Where is this mixed-use property located?
The property is located at 269 Greenwood Ave Bethel, CT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 9,830 square feet of existing improvements on 0.76 acres; Existing lease extends through April 2028; Commercial zoning; future plans are subject to municipal approvals
