18 Beech St
7,388 SF Retail Building Greenwich, CT 06830 $1,469,000 ($198.84/SF)
INVESTMENT HIGHLIGHTS
- Industrial Warehouse
- Two detached Garages
- Pristine Office Space
- Easy Access to I-95
EXECUTIVE SUMMARY
Interior Photos Upon Request - An industrial warehouse, office space, and two garages in one unique commercial property. Super accessible location; Seconds from I-95 and just over the border of Westchester, in the Byram Area of Greenwich. It's an ideal mix of space for an owner/user. Almost 4000 sq currently being used as a fabrication woodshop. Above that, about 1000 sq ft of pristine office space and below, 1000 sq ft of basement. For more options, 2 detached garages that bookend the property. Low Greenwich Taxes and strong potential market ($10,490/m) put at a strong 7% cap. LBR2 zone would allow for possible mixed used applications.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$8,944
|
$1.21
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,944
|
$1.21
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
7,388 SF
Building Class
C
Year Built
1900
Price
$1,469,000
Price Per SF
$198.84
Tenancy
Single
Building Height
2 Stories
Building FAR
0.63
Lot Size
0.27 AC
Zoning
LBR-2 - LBR-2 - The goal of the LBR zones is to protect and encourage neighborhood-oriented retail development.
Frontage
67’ on Beech St
AMENITIES
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | GREE-000004-000000-001892-S000000 | Total Assessment | $749,350 |
| Land Assessment | $356,580 | Annual Taxes | $8,944 ($1.21/SF) |
| Improvements Assessment | $392,770 | Tax Year | 2024 |
