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38-40 Greenwich Ave 8,250 SF 100% Leased 4-Star Retail Building Greenwich, CT 06830 $14,959,700 CAD ($1,813.30 CAD/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Downtown Greenwich Avenue

EXECUTIVE SUMMARY

This prestigious Greenwich property is offered exclusively by Febbraio Commercial. The 8,250 s/f mixed use asset is located in one of Connecticut's most affluent corridors. The property is 100% leased with a diversified tenant mix of retail and residential uses and offers a stable in-place income with significant upside through lease turnovers and market rental adjustments. The landmark building has served the greater Greenwich community since 2008; its recent re-fresh and exterior modernization , clearly distinguish itself from neighboring properties, adding both curb appeal and tenant experience. The properties' upkeep is impeccable with minimal, to no cap-expenses for future owners.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
8,250 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$14,959,700 CAD
Price Per SF
$1,813.30 CAD
Cap Rate
5.50%
NOI
$822,784 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.71
Lot Size
0.07 AC
Zoning
CGBR - Downtown Commercial Business General
Parking
1 Spaces (0.12 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bank of America
Chase
TD Bank
Charles Schwab
Patriot National Bancorp, Inc.
Webster Bank
Citizens Bank
Barcelona Wine Bar
New York Sports Club
Wells Fargo Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GREE-000001-000000-001880-S000000
Land Assessment
$2,075,599 CAD
Improvements Assessment
$3,343,216 CAD
Total Assessment
$5,418,816 CAD
  • Listing ID: 39083976

  • Date on Market: 2026-01-14

  • Last Updated:

  • Address: 38-40 Greenwich Ave, Greenwich, CT 06830

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