Contacts
Jon Angel
Angel Commercial
(203) 335-6600
Property Details
- Property Type Industrial
- Property Size 6,098 SF
- Lot Size 0.47 Acre
- Date Updated Apr 15, 2024
- Drive-In Doors 7
ngel Commercial, LLC, acting as the exclusive real estate broker, is pleased to offer an investment opportunity with two commercial properties on 0.47 acres for sale at $1,625,000 at 17 & 73 Eliot Street in Fairfield, CT. Included with this offering is a 5,538 SF one-story building on 0.31 acres and a 560 SF one-story steel building on 0.16 acres. The 2023 Net Operating Income was $90,883 and the Cap Rate is 5.59%.
17 Eliot Street is a concrete block service shop with five drive-in doors and is leased to Fairfield Auto Care and All-In-One Lawn Care. 73 Eliot Street is a steel and frame warehouse with two drive-in doors and is leased to Migliarese & Son Landscaping.
Since all three leases expire in Spring 2026, these properties offer a value-add opportunity suitable for the right investor or developer. Improving the property's physical condition could enhance its market appeal, thus increasing its rental or resale value. Additionally, negotiating longer-term leases or renewing existing leases at higher rates can establish a stable income stream.
17 & 73 Eliot Street’s location within a Designed Commercial District (DCD) Zone provides proximity to restaurants, banks, hotels, shopping options, and public transportation. The properties are minutes from I-95 (Exit 22) and the Fairfield Metro-North Train Station. The properties are immediately behind the new Chick-Fil-A restaurant, and near CVS, DSW, Marshall’s, and the Fairfield Shopping Center, soon to be anchored by a Restoration Hardware Outlet. The properties are just down the street from Fairfield University with over 6,000 students and employees.
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Getting around
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Location
- City Fairfield, CT
- Neighborhood South Benson
- Zip Code 06824
- Market Bridgeport New Haven
Points of Interest
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Fairfield
0.62 miles
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Fairfield Metro
1.09 miles
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Southport
2.17 miles
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Connecticut Transportation Solutions, LLC
2.45 miles
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Bridgeport
3.84 miles
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Green's Farms
3.87 miles
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Westport
6.67 miles
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Stratford
6.95 miles
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East Norwalk
8.64 miles
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Merritt 7
9.31 miles
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Sunoco
0.15 miles
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Cumberland Farms
0.32 miles
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Citgo
0.32 miles
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Shell
0.37 miles
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Mobil
0.39 miles
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Sunoco
0.79 miles
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Citgo
1.13 miles
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Mobile
1.16 miles
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Santa
1.40 miles
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Cumberland Farms
1.49 miles
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Hertz
0.08 miles
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Splash Car Wash
0.14 miles
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enterprise
0.16 miles
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Avis Budget Car Rental
0.53 miles
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Enterprise
1.79 miles
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Wired Wash
2.17 miles
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Johnson's Car Wash
2.28 miles
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Fred's Car Wash
2.32 miles
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Russel Speeder's Car Wash
2.33 miles
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Park City Hand Car Wash
2.75 miles
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Joe's American Bar & Grill
0.05 miles
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wich / day
0.07 miles
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Planet Pizza
0.11 miles
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Subway
0.13 miles
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Mama Mia's
0.16 miles
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Bangalore
0.17 miles
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Uncle Willie's
0.19 miles
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Senor Salsa
0.20 miles
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Jinn's Fesh Noodle House & Cafe
0.20 miles
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Duchess
0.21 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Jon Angel
Angel Commercial
(203) 335-6600