360 Tunxis Hill Road, Fairfield, CT

Industrial for Sale - $3,600,000 - 20,273 Sq. Ft. on 0.85 acres


Agent Info

Jon Angel, President
Angel Commercial, L.L.C.

Property Info

CIMLS#1149024
Location
  360 Tunxis Hill Road
  Fairfield CT 06824
UpdatedDecember 26th, 2023
TypeIndustrial
Price$3,600,000
Building20,273 Sq. Ft.
Land0.85 acres

Property Description

Angel Commercial, LLC, acting as the exclusive real estate broker, is pleased to offer 360 Tunxis Hill Road in Fairfield, CT, a 20,273 SF industrial building with full HVAC on 0.853 acres, for sale at $3,600,000. The three-story building features 253 linear feet of frontage and two curb cuts on Tunxis Hill Road (Route 58), and a side entrance to the upper-level garage on Berkeley Road. This position provides 27 spots for showcasing vehicles to the street.

Half of this expansive building, roughly 10,028 SF, serves as a ground-level garage utilized for customer and employee parking and vehicle services. The 3,415 SF first floor is presently set up to function as a car dealership and service hub.

The combined space of the second and third floors is 6,830 SF, previously occupied by a sole tenant for the mixed-use purposes of light manufacturing, flexible space, and offices. An exclusive entrance leads to this area on the second floor.

With comprehensive amenities like HVAC, a wet sprinkler system, and an elevator, the building ensures the highest standards of convenience and safety.

Positioned in the Designed Commercial District (DCD) Zone on Route 58, this property stands ready for car aficionados or diverse business endeavors.

360 Tunxis Hill Road, Fairfield, CT, is part of the Tunxis Hill Portfolio on Route 58 in Fairfield, CT, for sale at $14,886.000. This portfolio consists of three distinct properties, which are also available to purchase as individual assets. Previously the home of the Scap Auto Group, the properties are currently leased to the Gengras Auto Group featuring Chrysler, Jeep, Dodge, RAM, and Mitsubishi. As the Gengras Auto Group is set to move to Commerce Drive in 2025, one investment strategy would be to purchase the properties and seek zoning approval for redevelopment while income is still being generated from the existing tenant.

For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext.‚Äč 21.


Financials



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