Log In/Sign Up
Your email has been sent.
31 E Elm St 3,957 SF 100% Leased Retail Building Greenwich, CT 06830 $4,625,734 CAD ($1,169.00 CAD/SF) 2.29% Cap Rate



Investment Highlights
- 100% LEASED INVESTMENT
- Future Residential / Commercial Development
- ½ BLOCK FROM CENTRAL GREENWICH AVENUE
Executive Summary
100% LEASED INVESTMENT - ½ BLOCK FROM CENTRAL GREENWICH AVENUE - Future Residential / Commercial Development
Opportunity: Acquire a legacy property in an unparalleled location, ideal for land-banking. Perfect for future high-end development.
Improvements: 3,957 SF retail office building on 3 floors.
Site: 6,473 SF in the CGB zone. Utilities include electric, gas, municipal water and town sewer. 10 car onsite parking.
Opportunity: Acquire a legacy property in an unparalleled location, ideal for land-banking. Perfect for future high-end development.
Improvements: 3,957 SF retail office building on 3 floors.
Site: 6,473 SF in the CGB zone. Utilities include electric, gas, municipal water and town sewer. 10 car onsite parking.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$106,120
|
$26.82
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $106,120 |
| Annual Per SF | $26.82 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,957 SF
Building Class
C
Year Built
1923
Price
$4,625,734 CAD
Price Per SF
$1,169.00 CAD
Cap Rate
2.29%
NOI
$106,120 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.61
Lot Size
0.15 AC
Zoning
CGB - Central Greenwich Business (CGB). Supports a wide range of retail and commercial uses, potential for multi-unit residential development.
Parking
10 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
70’ on East Elm Street
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | GREE-000001-000000-002038-S000000 | Improvements Assessment | $1,283,206 CAD (2025) |
| Land Assessment | $1,349,014 CAD (2025) | Total Assessment | $2,632,219 CAD (2025) |
Property Taxes
Parcel Number
GREE-000001-000000-002038-S000000
Land Assessment
$1,349,014 CAD (2025)
Improvements Assessment
$1,283,206 CAD (2025)
Total Assessment
$2,632,219 CAD (2025)
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
31 E Elm St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

