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Property profile & analytics
FOR LEASE
Commercial real estate

285 Riverside Ave Westport, CT 06880

1.76 ac lot
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US15-0018311
Property summary
AI-generated overview

This exceptional Class A office building, located at 285 Riverside Ave & 355 Riverside Avenue in Westport, Connecticut, presents a unique opportunity for a discerning tenant. The property boasts a total of 56,962 square feet spread across four stories, with a generous 11-foot ceiling height throughout. Currently, the entire building is available for lease, offering a single, expansive suite perfect for a large organization or a company seeking a prominent presence in the vibrant Westport market. The building sits on a substantial 1.76-acre lot and provides ample parking with 149 spaces for employees and visitors. Its executive office subtype caters to businesses seeking a sophisticated and high-quality workspace. The property is situated in Fairfield County, Connecticut, with a convenient Westport address and zip code 06880. The building's prime location offers easy access to major transportation routes, enhancing its appeal for businesses and employees alike. This is a rare opportunity to secure a significant amount of premium office space in a highly desirable location. The entire 56,962 square feet is vacant and ready for immediate occupancy. The building's impressive size and amenities make it an ideal location for a variety of businesses seeking a prestigious and functional workspace.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.76 ac (76,666 SF)
Zoning code GBD
APN WPOR M:C07 L:001-000
UPID US15-0018311
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zenabi (Bike/Boat/Book/etc) Store Corporate Office
  • Balance Point Capital Partners Financial Advisor
  • Richard Cacciapaglia - RBC Wealth Management Financial Advisor Financial Advisor
  • Sterling Investment Partners Bank Loan Service
  • Gerald Maisner - RBC Wealth Management Financial Advisor Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Westport Rivside Assoc · 4 yrs held
Westport Rivside Assoc
since 2022
7 recorded transactions
2022
Price N/A
2015
Price N/A
2005
$36.6M
2003
$37.1M
1998
$13.0M
1989
$16.7M
1987
Price N/A
Zoning & alternative use
GBD · Westport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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