$3,000,000
●
Commercial -
Off Market
112-114 Riverside Avenue
Greenwich, Connecticut 06878
Studio
5 Baths,
1
Half Bath
4223 Sqft
$16,157
Estimated Monthly
$0
HOA / Fees
0.19%
Cap Rate
About This Property
Introducing a once-in-a-lifetime opportunity! Nestled in the heart
of Riverside, CT, seconds away from the Riverside Train Station,
Ada's is the only retail commercial property south of the Post
Road. With a storied past dating back to 1900, this restored
landmark building is a cherished gathering place for locals &
visitors alike. Its walkable location benefits neighborhood
patrons, while those needing the convenience of a quick car ride
can find ample onsite & free street parking. Included in the
offering are the rights to the 73-year-old tradename ''Ada's'', and
a pre-existing, generational customer base. Also included is a
fully built-out commercial kitchen. The sale encompasses Ada's &
the adjacent 3,100 SF multi-family home with 2 residential
apartments and updated mechanicals. Together they sit on an
oversized, ? acre lot. So, whether you are an investor looking for
a unique addition to your portfolio, or an entrepreneur with a
vision to create something extraordinary, do not miss your chance
to own one of the last icons of Greenwich and shape the destiny of
this remarkable property.
Unit Size
4,223Ft²
Days on Market
95 days
Land Size
0.47 acres
Price per sqft
$710
Property Type
Commercial
Property Taxes
$1,426
HOA Dues
-
Year Built
-
Last updated: 2 months ago (Smart MLS #170614291)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 12, 2024 | Sold | $3,000,000 | |
Sold | |||
Mar 9, 2024 | In contract | - | |
In contract | |||
Dec 8, 2023 | Listed by Sotheby's International Realty | $3,250,000 | |
Listed by Sotheby's International Realty |
Property Highlights
Air Conditioning
Parking Details
Garage Features: Paved, Off Street Parking, Assigned Parking
Interior Details
Bathroom Information
Full Bathrooms: 4
Half Bathrooms: 1
Total Bathrooms: 5
Interior Information
Interior Features: Fire Suppression System, Security System
Square Feet Source: Owner
Exterior Details
Property Information
Road Frontage: Municipal Street, Paved Road
Year Built: 1900
Building Information
Foundation Type: Block, Stone
Roof: Asphalt Shingle
Exterior: Door Sign, Gutters, Lighting, Sidewalk, Underground Utilities
Financial Details
Property Tax: $17,109
Tax Year: July 2023-June 2024
Assessed Value: $1,470,000
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Hot Air, Hot Water, Hydro Air
Heating Fuel: Natural Gas
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
112 Riverside Avenue
112 Riverside Avenue, Riverside, CT 06878
- 1 Unit for Sale