Office Building Sells For $1.375M In Fairfield

FAIRFIELD, CT — The Doyle Insurance Group, LLC, has purchased an office building located at 45 Sherman Street in Fairfield for $1.375 million, Jon Angel, President of Southport-based Angel Commercial, LLC, announced in a press release. The insurance group is currently leasing space in Southport and will be moving to 45 Sherman Street within 60 days.

“Changing from a tenant to a property owner demonstrates the firm's commitment to being part of Fairfield’s vibrant business community,” said Angel, who represented the buyer in this transaction.

The primary building is a two-story structure consisting of 4,558 gross square feet with a carriage house of 1,217 gross square feet collectively on 0.13 acres in a Center Designed Business District (CDD) zone, according to the press release. The location in Fairfield Center is minutes to I-95, and within walking distance to the Fairfield Train Station. Both structures have been fully renovated within the last two years.

The Doyle Insurance Group, LLC, provides personalized insurance services to their clients. They offer a wide range of property and liability insurance solutions.

“We have a philosophy that a personal approach to insurance makes a big difference in the level of care, solutions, and benefits our clients receive,” said Tim Doyle, owner of Doyle Insurance Group.

Bruce Wettenstein, SIOR, of Vidal/Wettenstein of Westport, was the listing broker for the selling entity, Valor Investments, LLC.

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Contributed photo and press release