351 Greenwich Ave Greenwich, CT 06830-2528

Property Details for 351 Greenwich Ave

Year built

1928

Construction

FRAME

Lot size

0.05 lot acres

Property size

3,691 SF

Zone code

CGBR

Property type

Investment properties

Property subtype

Live-work space

APN

GREE M:01 B:1940/S

APU

GREEM01B1940S

Description

This exceptional mixed-use property at 351 Greenwich Avenue in Greenwich, Connecticut, presents a prime retail investment opportunity. The 1,715 square foot ground floor space is currently leased to Ruby & Jenna, a successful regional women's fashion retailer with 13 locations, under a lease expiring December 2025. A 90-day termination clause provides significant flexibility for the new owner. The property also includes a full basement, adding considerable potential. This location boasts exceptional visibility and foot traffic on Greenwich Avenue, a highly sought-after retail corridor. The property's immediate neighbors include a prestigious collection of national and international brands such as Apple, Restoration Hardware, Richard's, Athleta, Todd Smith, Allbirds, Ba&sh, Aesop, Rodd & Gunn, Herman Miller, Kissaki, and Starbucks. The property's strong tenant and desirable location contribute to a substantial net operating income (NOI) of $274,545. This is an unparalleled chance to acquire a thriving retail asset in one of Connecticut's most affluent and desirable towns. The property is located in Fairfield County, Connecticut, zip code 06830. This offering presents a rare opportunity to capitalize on the strong retail market in Greenwich.

Location Insight

City

Greenwich

County

Fairfield

State

Connecticut

Longitude

-73.6249

Latitude

41.0239

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments