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Investment Highlights
- High-visibility location with approximately 16,700 vehicles passing daily.
- Quick access to I-95 and Metro-North, enhancing regional connectivity.
- Conceptual plans available for an 18-unit residential development.
- Located in a stable, established neighborhood with strong demographics.
Executive Summary
This offering includes two adjacent parcels in a highly visible and accessible location in Fairfield, Connecticut. The combined 0.27-acre site features a 1,488-square-foot commercial retail building and a 959-square-foot single-family home, presenting a unique opportunity for redevelopment or investment. Positioned along Kings Highway East, the property benefits from strong daily traffic counts of approximately 16,700 vehicles, ensuring excellent exposure for future uses.
The site’s zoning—Designed Commercial District (DCD) and Residence C—supports a range of potential redevelopment options, including mixed-use, multifamily, or service-oriented retail. Conceptual plans for an 18-unit residential development are available, highlighting the property’s adaptability to meet market demand. Its proximity to I-95, Metro-North rail service, and major regional thoroughfares enhances connectivity and long-term value.
Surrounded by established neighborhoods and a strong demographic base, this property offers investors the chance to reposition underutilized real estate into a high-performing asset. With limited new development in the area and consistent demand for updated housing and retail, this site provides significant upside potential for value-add strategies and long-term appreciation.
The site’s zoning—Designed Commercial District (DCD) and Residence C—supports a range of potential redevelopment options, including mixed-use, multifamily, or service-oriented retail. Conceptual plans for an 18-unit residential development are available, highlighting the property’s adaptability to meet market demand. Its proximity to I-95, Metro-North rail service, and major regional thoroughfares enhances connectivity and long-term value.
Surrounded by established neighborhoods and a strong demographic base, this property offers investors the chance to reposition underutilized real estate into a high-performing asset. With limited new development in the area and consistent demand for updated housing and retail, this site provides significant upside potential for value-add strategies and long-term appreciation.
Property Facts
| Price | $1,148,153 CAD | Number of Properties | 2 |
| Price / SF | $508.26 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 2,259 SF |
| Status | Active | Total Land Area | 0.28 AC |
| Price | $1,148,153 CAD |
| Price / SF | $508.26 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,259 SF |
| Total Land Area | 0.28 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 685 Kings Hwy E, Fairfield, CT 06825 | Retail | 1,300 SF | 1933 | - |
| 227 Berwick Ave, Fairfield, CT 06825 | Specialty | 959 SF | 1916 | - |
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