Real Estate
Long Vacant Property In Fairfield Has New Owner
The former Stratfield Market property has been sold for $1.2 million.

FAIRFIELD, CT – The long vacant former Stratfield Market building has a new owner. The property, located at 1280 Stratfield Road, has been vacant for more than a decade and has a chance at a fresh start with a new owner, Jon Angel, president of Southport-based Angel Commercial, LLC, announced in a press release.
A private investment group has purchased the property for $1.2 million from Urstadt-Biddle of Greenwich, who acquired the property just a few months ago. The retail property is a 9,612-square-foot two-story commercial building on 0.90 acres of land in the Stratfield section of Fairfield. (To sign up for Fairfield breaking news alerts and more, click here.)
The Stratfield Market was open for more than 50 years and closed in 2006 after lease negotiations with the landlord failed, according to the press release. Walgreens attempted to open a store at the location but drew strong opposition from neighbors.
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“The new property owners are focused on securing an appropriate tenant for the neighborhood,” said Angel, who was the sole broker in the transaction. “While a new food market is certainly a possibility, there are many potential uses for this property, and it remains available.”
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