Greenwich Mansion with 5 Apt / 2 Retail Store 251 Mill St Immeuble residentiel 7 lots 2 541 038 € (363 005 €/Lot) Greenwich, CT 06830

251 Mill Street is a great opportunity for a value add for those looking to enhance their portfolios with high end “Legacy” properties. This 6097 square foot mixed use building is located on a busy retail corridor of Greenwich, which boasts the lowest taxes in the state. The building is currently configured as 5 apartments and 2 retail stores. There are no leases to ensure the next owner’s maximum flexibility in usage as Greenwich is home to 13 Billionaires and countless hedge funds and corporate headquarters; the uses are endless.
This Greenwich “Grand Dame” has been meticulously restored to her original mansion grandeur. A Coat-of-Arms adorns the Romanesque entranceway, and this historic façade features double bowfront windows and decorative moldings and lintels. Landmark features include new windows, center hall skylight, Tiffany-style transoms, Tiffany-style and Ralph Lauren light fixtures, solid oak floors throughout, new wide solid oak staircases, plaster moldings to high ceilings, custom built-ins, decorative doors and hardware. All 5 apartments have new stone kitchens with Italian lacquered cabinetry and Chef’s level appliances such as Bosch, KitchenAid, Jennaire, Fisher & Paykel and Bespoke glass. All but one apartment has washer/dryers and dishwashers. All 5 apartments have new marble bathrooms with seamless glass shower doors, Kohler fixtures, medicine cabinets and Toto toilets. The electric system was upgraded in 2022. Each apartment and store is separately metered. The retail stores continue to be occupied by two high end Greenwich uses: Alternative Hair Solutions sells and maintains custom cancer wigs and Children’s Classy Cuts, providing kid’s haircuts to the prince and princesses of Greenwich. Every aspect has been enhanced so as to enrich all historic details of this important Greenwich mansion.
This is a must see for anyone looking for entitled real estate. Invest in Greenwich, where “Billionaire” is not a dirty word. Brokers protected.