18 Beech StGreenwich, CT 06830

This exceptional value-add investment opportunity presents a unique 4,965 square foot flex space property in Greenwich, Connecticut, situated on a 0.27-acre lot at 18 Beech St, 06830. The property, built in 1900, comprises three buildings with two stories and boasts a desirable LBR2 zoning, allowing for potential mixed-use applications. Currently operating at 100% occupancy, the property generates a strong pro-forma net operating income (NOI) of $102,836, translating to a 7.00% pro-forma capitalization rate. The asking price is $1,469,000, representing a price per square foot of $295.87. The versatile space includes approximately 4,965 square feet of industrial area, 1,090 square feet of office space, and 1,568 square feet of garage space. Its strategic location offers superb accessibility, being seconds from I-95 and conveniently located near the border of Westchester County. Low Greenwich taxes and strong market potential further enhance the investment appeal. This property is ideal for an owner-user seeking a blend of industrial, office, and storage space. The existing tenant occupies nearly 4,000 square feet, with an additional 1,000 square feet of pristine office space on the upper level and 1,000 square feet of basement space. Two detached garages complete this unique offering.