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Tunxis Hill Property Portfolio

3 Properties Offered at $14,886,000 in Fairfield, CT

Investment Highlights

  • Redevelopment Opportunity: Potential for retail, mixed-use developments, or residential projects, subject to zoning approval.
  • 360 Tunxis Hill Road: 20,273 SF building with 6,830 SF leasable space, priced at $3,600,000.
  • 430 Tunxis Hill Road: 43,824 SF three-story building with scenic views, priced at $6,720,000.
  • High Visibility: Conveniently located on Tunxis Hill Road (Route 58) along a bustling shopping route.
  • 387 Tunxis Hill Road: 21,921 SF building on 1.37 acres, with flexibility to sell parcels separately, priced at $4,566,000.
  • Bordering a residential neighborhood less than two miles from Fairfield University with 6,000 students/employees.

Executive Summary

Angel Commercial, LLC, as the exclusive commercial real estate broker, is pleased to present the Tunxis Hill Portfolio for sale at $14,886,000. This unique portfolio features three auto dealerships/service centers, occupying a combined 2.77 acres along Route 58 in Fairfield, CT. These properties, which are also available for purchase individually, offer excellent visibility and accessibility in a prime location along a bustling shopping route bordering a residential neighborhood less than two miles from Fairfield University with over 6,000 students and employees. The portfolio presents a remarkable redevelopment opportunity, with potential for retail, mixed-use developments, or residential projects, subject to zoning approval.
The individual properties within this portfolio are as follows:
360 Tunxis Hill Road, a 20,273 SF two-story industrial building on 0.85 acres, priced at $3,600,000.
387 Tunxis Hill Road, a 21,921 SF two-story industrial building on 1.37 acres, priced at $4,566,000, which includes two additional parcels totaling 0.34 acres currently utilized for parking, offering flexibility for separate sales.
430 Tunxis Hill Road, a 43,824 SF three-story building on 0.55 acres, priced at $6,720,000.
The properties are strategically located near I-95 (1.2 miles), the Fairfield Metro Train Station (1.6 miles), and at a Greater Bridgeport Transit Bus Stop. Neighbors include TJ Maxx, Stop & Shop, Aldi Grocery Store, and Floor & Decor.
This portfolio represents a rare opportunity to invest in prime real estate with significant redevelopment potential. For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual
Taxes $99,999
Operating Expenses -
Total Expenses $99,999

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Operating Expenses
Annual -
Total Expenses
Annual $99,999

Property Facts

Price $14,886,000
Price / SF $173.06 / SF
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 86,018 SF
Total Land Area 2.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Chrysler
360 Tunxis Hill Rd, Fairfield, CT 06825
Retail 20,273 SF 1984 $3,600,000
387 Tunxis Hill Rd, Fairfield, CT 06825 Retail 21,921 SF 1930 $4,566,000
430 Tunxis Hill Rd, Fairfield, CT 06825 Industrial 43,824 SF 1991 $6,720,000
Show More > < Show Less
  • Listing ID: 29624207

  • Date on Market: 9/26/2023

  • Last Updated:

  • Address: Tunxis Hill Property Portfolio, Fairfield, CT

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