The 1643 Post Road sale closed for $2.6 million following a competitive marketing process led by Scott Peterson and Charlene O’Connell of Choyce Peterson, Inc. The 2,709-square-foot, free-standing retail building in downtown Fairfield, CT, was formerly occupied by TD Bank and acquired by Sikorsky Credit Union.
Choyce Peterson represented the seller, Post Road Fairfield, LLC, and generated multiple offers by emphasizing the property’s prominent Post Road location, dedicated parking, existing drive-up window and bank infrastructure. The acquisition provided Sikorsky Credit Union with its first physical branch location in Fairfield and helped connect its existing Trumbull and Bridgeport markets.
Marketing the Downtown Fairfield Property
After being appointed the exclusive sales agent by Post Road Fairfield, LLC, Choyce Peterson developed a targeted campaign designed to reach financial institutions, owner-occupants, investors and regional commercial property operators.
The marketing strategy emphasized the property’s downtown location, dedicated parking, prominent visibility and existing banking infrastructure. Particular attention was given to its drive-up window and the ability to continue a banking use at the site—features that would be difficult to replicate at many competing downtown properties.
Strategic outreach generated interest from regional brands and local operators, resulting in multiple offers and a competitive sale process.
This transaction reflects a highly competitive sales process, overseen by experienced brokers and resulting in a premium price per square foot. Below are the essential details of the sale, including parties involved, pricing, and property metrics:
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- Brokers: Scott Peterson and Charlene O’Connell, Choyce Peterson, Inc.
- Seller: Post Road Fairfield, LLC
- Buyer: Sikorsky Credit Union
- Sale price: $2,600,000
- Sale date: August 15, 2025
- Building size: 2,709 SF
- Price per square foot: Approximately $960
- Lot size: Approximately 0.32 acres
- Property type: Free-standing retail building/former bank branch
- Year built: 1972
- Key features: Drive-up window, dedicated parking, existing bank infrastructure and prominent Post Road visibility
About 1643 Post Road in Fairfield, CT
Located in the heart of downtown Fairfield, 1643 Post Road is a one-story, free-standing commercial building formerly occupied by TD Bank. The property includes approximately 2,709 square feet on a 0.32-acre site, with dedicated parking, an existing drive-up window and infrastructure suitable for conversion into another financial-services branch.
Its location offers visibility along the Post Road commercial corridor and convenient access to downtown businesses, restaurants, community destinations and the Fairfield Metro-North station. These characteristics helped distinguish the property from conventional retail opportunities and made it particularly attractive to financial institutions seeking an established Fairfield presence.
Downtown Fairfield: Neighborhood Overview
- Fairfield Metro-North Station – 140 Mill Plain Rd: Major commuter hub less than a quarter mile away, driving significant daily foot and vehicle traffic.
- Downtown Fairfield Shopping District – Post Rd: Dense mix of retail, dining, and service businesses; core consumer base for financial services.
- Fairfield Theater Company – 70 Sanford St: Non-profit center for arts and culture in downtown Fairfield that hosts a variety of live entertainment performances, movies and cultural events.
This center sits in the midst of established retail and service tenants, adjacent to the heavily traveled Post Road corridor, and benefits from daily traffic counts exceeding 20,000 VPD. The building’s retail synergy and its strategic location within the heart of Fairfield made it a standout opportunity for investors seeking stable, long-term value.
Nearby Restaurants
- Quattro Pazzi Café – 1599 Post Rd: Bustling Italian eatery & bar turning out classic, seasonal dishes in a casual setting.
- Lantern Point Taverna – 1612 Post Rd: Family-owned Greek eatery, serving authentic fare over a bar with a cozy setup.
- Il Pellicano – 1460 Post Rd: A sublime blend of traditional and modern Italian cuisine in a chic venue with a notable wine list.
Nearby Hotels
- Dune Fairfield Beach – 1160 Reef Rd, Fairfield: Located steps away from Fairfield Beach, with 14 rooms that have been thoughtfully designed to welcome discerning travelers looking for a romantic getaway, an extended business trip, or a memorable family vacation. DUNE offers a modern hybrid somewhere between motel and Airbnb.
- Delamar Southport – 275 Old Post Rd, Southport: A luxury small European-style hotel with excellent services and New England charm, situated within a brief drive to downtown shopping. With a spa and renown restaurant onsite, this notable hotel gives its guests a unique and personalized experience.
Sikorsky Credit Union Expands into Fairfield
Sikorsky Credit Union acquired the property to establish its first Fairfield branch and bridge the geographic distance between its Trumbull and Bridgeport locations. The former bank building offered an established financial-services location that could be redesigned for Sikorsky’s operational and customer-service requirements.
At the time of the acquisition, the credit union announced plans to create a modern, full-service branch offering personal and business banking services. The Fairfield location is now included in Sikorsky Credit Union’s branch network.
1643 Post Road Sale Demonstrates the Value of Strategic Marketing
The successful sale of 1643 Post Road demonstrates how specialized property features can create significant value when presented to the right audience. Choyce Peterson’s targeted marketing campaign highlighted the building’s downtown location, parking, drive-up access and existing bank infrastructure, generating multiple offers and a $2.6 million sale.
The transaction enabled the seller to complete the disposition of a longtime family-owned property while providing Sikorsky Credit Union with a strategic entry into the Fairfield market.
Client Testimonial
“We are so pleased with the results of this sale process. While bittersweet to relinquish ownership of this property that has been with our family for generations, we are happy to see the property transfer to new owners who are committed to the town of Fairfield. Scott and Charlene were wonderful to work with, executing a well-planned campaign and keeping us informed on a regular basis. They engaged with multiple leads, smoothing the way to this final sale agreement.”
— Representative of the seller“We are thrilled to bring the Sikorsky Credit Union brand to Fairfield. From the moment we saw the property, we recognized its potential—not only is it a prime retail location with a drive-up window and dedicated parking, but it also bridges the geographic gap between our Trumbull and Bridgeport branches. And because the building was already a bank, we can move more efficiently in bringing our vision to life: a modern, full-service Sikorsky Credit Union branch in the heart of Fairfield.”
— Representative of Sikorsky Credit Union
Frequently Asked Questions (FAQs)
- What was the tenant mix in this center?
This was a single-tenant, free-standing retail building previously occupied by TD Bank. - What made this location attractive to retail investors?
Its downtown proximity, existing bank infrastructure, drive-thru entitlement, and strong local consumer base with two local universities and a growing population. - What types of businesses perform well in this location?
Financial institutions and service-oriented retailers. - How did the marketing strategy impact the sale timeline?
Strategic outreach and exclusivity of drive-thru zoning generated multiple offers, resulting in an expedited sale at a premium price. - What’s the long-term upside for the buyer?
Sikorsky Credit Union gains a turnkey flagship location in Fairfield, with high visibility, customer convenience, and long-term market growth potential.
Commercial property owners considering a sale can benefit from obtaining a professional valuation and developing a customized marketing strategy before bringing an asset to market. Contact Choyce Peterson at (203) 356-9600 to discuss your property.
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