90 Grove St, Ridgefield, CT 06877

9 Office Properties Offered at $3,795,000 in Ridgefield, CT

Asking Price $3,795,000

Property Type
Office

Listing Contacts

  • Property Info

Property Overview

Coldwell Banker Commercial is pleased to present a stabilized Class A office portfolio for sale in Ridgefield. The building features a welcoming lobby with digital directory, fitness center, shared conference room, and ample parking. This low maintenance investment property is located in downtown Ridgefield near shops, restaurants and more.
The portfolio consist of 13 units which make up 23,735 RSF with an 95% occupancy rate and NOI of $268,473. Excellent value-add opportunity.

Highlights

  • This is a stable investment opportunity with 95% of the portfolio leased to a diversified group of high-quality tenants, with strong leasing history.
  • Investments in top-tier tenant fit-outs can boost property value and attract and retain high-quality tenants
  • The Executive Pavilion is a Class A office building in the heart of Ridgefield.
  • The Executive Pavilion is conveniently located near I-84, Route 7, and I-684, providing excellent accessibility for commuters.
  • Investing in an office condo portfolio is akin to a low-maintenance, income-generating partnership with professional tenants.

FAQ

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