Price Reduction
Address
325 Reef Road Fairfield, CT
Price
$ 3,500,000
Property Attributes
  • MLS#170383576
  • TypeCommercial
  • CountyFAIRFIELD
  • CityFairfield
  • Zip06824
  • StyleCommercial For Sale
  • Year Built1959
  • Taxes$ 59537
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16824
Listing Provided Courtesy Of:
Karen Cross with William Raveis Real Estate
Data Source:
Smart MLS - 162 - CT
Property Description

Office property in Downtown Fairfield in a mixed use zone. 2 story office building with elevator and handicap accessible ramp. Low Maintenance exterior. Storage units in basement. Great visibility location within walking distance to town, train, restaurant and shopping. Currently 50% leased and most tenants are month to month. Fabulous location with plenty of outside parking. Recent Upgrades: Roof (10 years old), 2nd Flr Air conditioners located on roof (10 years old), Windows (~10 years old).

Price History
3/25/2021 Listed $4,000,000
7/8/2021 13% - $3,500,000

General Features

Commercial Catagory Investment, Office
Flooring Concrete
Location Downtown
Neighborhood Center
Present Use Offices
Property Type Commercial For Sale
Status Active
Tax Year July 2020-June 2021
Utilities Available Electric Available, Gas Available, Phone Available, Cable Available
Virtual Tour https://app.immoviewer.com/landing/unbranded/605cd1ab0af6f76301ef8071
Virtual Tour Yn Yes
Year Built 1959
Zoning NDD

Interior Features

Cooling System Central Air
Heat Fuel Type Natural Gas
Heat Type Gas on Gas
Interior Features Elevator, Handicap Design
Sq Ft Source Public Records
Sq Ft Total 16824
Total Numof Units 14

Exterior Features

Foundation Concrete
Garage Parking Info Unassigned Parking, Off Street Parking, Parking Lot
Lot Description Level Lot
Potential Use Offices/Retail
Road Frontage Description Municipal Street
Roof Information Flat
Sewage System Public Sewer Connected
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 06824

Price
AVG $640K
$3.5M
Taxes
AVG $20,667
$59,537
Visits
AVG 52
104
Year Built
AVG 1962
1959

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