$2,500,000
Greenwich, CT 06830
MLS# 121822
Status: Closed

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Property Description
Prime commercial building in downtown Byram, Brooklyn-like area of Greenwich. Currently a lucrative laundry business with a general laundry and area and a separate wash and fold. The lower level is more storage with a separate access. Plans available for an updated and expanded retail space and four, one bedroom luxury residential rentals. Unique opportunity in a developing and appreciating area of Greenwich.
Details
Maps
Location Property Info
Type: Retail
Sold Price: $2,500,000
Street #: 6
Directional: N
Street Name: Water
Street Suffix: Street
State: CT
Zip Code: 06830
County: Fairfield
Property ID: 04-1483/S
Area: 3 - Greenwich
OfficeContract Info
Status: Closed
List Date: 2024-12-10
General Property Info
Present Zoning: Commercial
Year Built: 1920
Acres +/-: 0.11
# Buildings: 1
Status Change Info
Under Contract Date: 2025-05-21
Contingency Date: 2025-07-21
Sold Date: 2025-10-01
Sold Price: $2,500,000
SP/ASMT: 3.27
Miscellaneous Info
# Parking: 7
Annual Expenses
RE Taxes: 9121
Insurance: 2700
Misc 1: 1700
Annual IncomeExp
Net Income: 110079
Property Features
Building Type: Retail Building; See Remarks
Present Use: Retail; See Remarks
Documents: See Remarks
Water Source: Public
Sanitation Source: Town Sewer
Gas Source: Public Utility
Lease Type: Modified
Parking Description: Paved
Listing Office: Mike Parelli Real Estate LLC
Last Updated: October - 02 - 2025
Listing information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision. Greenwich Multiple Listing Service, Inc.