(UPDATE-adding comments from W&M Properties)
In a sign of the continued attractiveness of Westport’s Main Street to real estate investors, a one-story building housing Westport Pizzeria and two upscale retail stores has sold for $8.2 million or $1,955 a square foot, an apparent record for the street.
The $8.2 million sale of this building on Main Street is equal to about $1,955 per square foot, an apparent record. (CLICK TO ENLARGE) WestportNow.com photo
The sale of 103,105, and 107 Main St. was recorded Tuesday in the Town Clerk’s office. The building houses the pizza restaurant and retailers Sigrid Olsen and Francois Du Pont Jewelers.
Town records show it includes 4,194 square feet of retail space.
The buyer was a partnership led by Stamford and New York-based W&M Properties which three years ago paid $18.1 million for neighboring 66-99 Main St., or about $1,046 a square foot. (See WestportNow April 19, 2003)
