17 & 73 Eliot Street, Fairfield, CT 06824

17 & 73 Eliot Street

Fairfield, CT 06824

Two Adjacent Commercial Properties for Sale at $1,625,000

Angel Commercial, LLC, acting as the exclusive real estate broker, is pleased to offer an investment opportunity with two commercial properties on 0.47 acres for sale at $1,625,000 at 17 & 73 Eliot Street in Fairfield, CT. Included with this offering is a 5,538 SF one-story building on 0.31 acres and a 560 SF one-story steel building on 0.16 acres. The 2023 Net Operating Income was $90,883 and the Cap Rate is 5.59%.

17 Eliot Street is a concrete block service shop with five drive-in doors and is leased to Fairfield Auto Care and All-In-One Lawn Care. 73 Eliot Street is a steel and frame warehouse with two drive-in doors and is leased to Migliarese & Son Landscaping.

Since all three leases expire in Spring 2026, these properties offer a value-add opportunity suitable for the right investor or developer. Improving the property's physical condition could enhance its market appeal, thus increasing its rental or resale value. Additionally, negotiating longer-term leases or renewing existing leases at higher rates can establish a stable income stream.

17 & 73 Eliot Street’s location within a Designed Commercial District (DCD) Zone provides proximity to restaurants, banks, hotels, shopping options, and public transportation. The properties are minutes from I-95 (Exit 22) and the Fairfield Metro-North Train Station. The properties are immediately behind the new Chick-Fil-A restaurant, and near CVS, DSW, Marshall’s, and the Fairfield Shopping Center, soon to be anchored by a Restoration Hardware Outlet. The properties are just down the street from Fairfield University with over 6,000 students and employees.

For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext.​ 21.​


Jon Angel

Angel Commercial, LLC



Financial Information
Sale Price: $1,625,000
2023 Real Estate Taxes: $21,444.60 (Paid by Tenants)
2023 NOI: $90,883
Cap Rate: 5.59%
The Site
Total Building Size: 5,538 SF + 560 SF
Land: 0.47 Acres
Zoning: Designed Commercial District (DCD)
Year Built: 1953
Construction: Concrete/Cinderblock
Stories: One
Tenancy: Multiple
Traffic Count: 15,000 Average Daily Volume (North Benson @ Eliot St.)
Parking: Ample
Loading: #17: Five Drive-In Doors
#73: Two Drive-In Doors
Amenities: #73: Fenced Lot
Water/Sewer: City/City
Heating: Gas
Demographics 1 Mile 3 Miles
Population:    29.9k 108k
Median HH Income: $134k $85k