203-977-3269
179 Hamilton Ave, Greenwich, CT for Sale
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

179 Hamilton Ave
Greenwich, CT 06830
Downtown Greenwich


HIGHLIGHTS

  • Situated Within an Affluent & Highly Desirable Community
  • Well-Maintained, Fully-Leased Asset Featuring Tenant Expense Pass-Throughs Structured to Help Preserve Strong Net Operating Income Performance
  • Convenient On-Site 11-Car Private Parking Lot Available for Tenants & Visitors

OVERVIEW

We are pleased to present for sale 179 Hamilton Avenue in sought-after Greenwich, Connecticut (“the Property”). The Property consists of a two-story, 3,569 SF (3,184 RSF) building which is fully occupied. The first floor space (1,471 SF) is leased and occupied by the Black Rock Antique Center and is operated as a showroom. The lease, which includes pro rata share reimbursements for taxes and CAM, runs through the end of 2028. The 1,713 SF second floor space is leased to Timo & Violet—a luxury sustainable baby, kids and women’s brand blending organic fabrics, original artwork, and upscale boutique gifting—and is used as showroom/office space. The lease, which expires at the end of 2027, includes pro rata share reimbursements for taxes and CAM. The 0.15-acre site is situated on the corner of Hamilton Avenue and Grand Street, allowing for prominent visibility, and has an 11-car rear private parking lot. The Property represents a rare opportunity to acquire a well-maintained mixed-use asset in a high-barrier-to-entry Greenwich location with durable tenant demand, stable in-place cash flow, and long-term upside supported by the area’s affluent demographics, limited commercial supply, and strong retail fundamentals.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LBR-2

APN/PARCEL ID

GREE-000003-000000-001445-S000000

ASK ABOUT THIS PROPERTY

Al MirinCushman & WakefieldMore Info
203-977-3269

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Al MirinCushman & WakefieldMore Info
203-977-3269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.