321 Railroad Ave Greenwich, CT 06830-6389

Property Details for 321 Railroad Ave

Year built

1980

Construction

STEEL FRAME

Lot size

0.32 lot acres

Property size

10,352 SF

Zone code

GB

Property type

Office buildings

APN

GREE M:01 B:1126/S

APU

GREEM01B1126S

Description

This exceptional investment opportunity presents two Class B office/medical buildings totaling 21,181 square feet, situated at 321-323 Railroad Avenue in Greenwich, Connecticut, zip code 06830. Currently operating at 51% occupancy, this property offers significant upside potential. The buildings are ideally located in Fairfield County, just 30 miles northeast of New York City, providing unparalleled access to major transportation arteries including Interstate 95, the Merritt Parkway, and the Metro-North Railroad's Greenwich station. This strategic location capitalizes on the robust demand for office and medical space in Greenwich, a highly desirable area known for its affluent residential population and its status as a hub for financial services companies and a key satellite location for Manhattan employers. The asking price for this lucrative investment is $11,500,000. The property's dual functionality as both traditional office and medical space allows for diverse tenant profiles and income streams. This presents a rare chance to acquire a well-positioned asset in a thriving market with substantial growth prospects. The property's convenient location and strong market fundamentals make it an attractive investment for both seasoned and emerging investors seeking a high-return opportunity in a prime Connecticut location.

Location Insight

City

Greenwich

County

Fairfield

State

Connecticut

Longitude

-73.6325

Latitude

41.0215

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments