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Post Road East Shopping Strip Sells for $3.45 Million

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The shopping strip at 1529 Post Road East at Maple Avenue North has changed hands for $3.45 million, according to broker Jon Angel of Fairfield-based Angel Commercial LLC. The transaction was recorded in the Town Clerk’s office on April 22. He represented the buyer—Post Maple LLC— and the seller, Joseph Rothman Westport LLC. The property on 2.1 acres contains 7,680-square feet of retail space and current tenants include Maple Cleaners, Boat Locker, Dunkin Donuts, Sun Reflexology and Top Drawer. There are no plans to change anything at the premises, other than a general clean up of the property, Angel said. “The seller owned the property for over 45 years,” he said. “It attracted a long list of qualified buyers on an unsolicited basis due to its prime corner location, with traffic lights…and a high traffic count.“ (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

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