251 Greenwood Ave

Office for Sale
Catylist Listing ID: 30622708
Property Subtypes: Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 4,477 SF
Gross Building Area: See Agent
Gross Land Area: 0.33 Acres
Sale Price: $475,000
Unit Price: $106.10 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2021

Overview / Comments

New to the market! The property consists of a 3,437 SF original Bethel home built in 1880 that has been converted into office space and includes a separate 1,040 SF apartment built in 1986. This unique opportunity is ideal for any business owner who needs office space with the added benefit of generating rental income from an apartment rental.

The office has 2 floors with 6 private offices, 3 open rooms that can be used for flex space or conference rooms, 2 bathrooms, and a kitchen on the first floor. The apartment currently generates valuable rental income of $1,300/month or a prospective buyer can take occupancy of the apartment.

Your business would be centrally located in downtown Bethel within walking distance to shops restaurants, and all the amenities of Bethel’s town center. The location provides easy access to surrounding towns of Ridgefield, Redding, Danbury, Newtown, and Brookfield. Additionally, Bethel train station with access to Metro North’s Danbury line is less than a mile away.

The property is being offered at $475,000 and taxes for the current year are $11,565. Call Chris Cosio and J. Michael Struna for more details and to discuss your needs today at 203-798-9345!!

Additional Details

Nearest MSA: Bridgeport-Stamford-Norwalk
County: Fairfield
Tax ID/APN: 14 11 15
Property Located Between: Route 53 and Downtown Bethel on Greenwood Ave.
Property Visibility: Excellent
Highway Access: I-84
Airports: Danbury Municipal Airport
Area Description: The downtown area of Bethel comprises a historic New England "walking" town center with old and new independent shops and eateries. A wonderful location for start-ups and eclectic ideas. The affordable downtown district gives creative entrepreneurs the opportunity to see their business vision turn to reality.
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1880
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Building has 12 total parking spaces around the back
Total Parking Spaces: 12
Sprinklers: None
Heat Type: Oil
Heat Source: Wall Units
Air Conditioning: Window Unit
Zoning Description: Commercial (C) Zone - The purpose of the Commercial Zone is to maintain and enhance areas containing commercial uses to meet the needs of Bethel residents and businesses.
Lot Frontage: 76 Feet on Greenwood Ave
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,868 68,270 113,622
Median Age: 38.3 36.18 38.45
Households: 3,699 24,348 40,714
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