A 2,709 square foot, free-standing retail building at 1643 Post Road, Fairfield, CT—formerly occupied by TD Bank—has been successfully sold for $2,600,000. The transaction, managed by Scott Peterson and Charlene O’Connell of Choyce Peterson, Inc., represents a significant milestone as Sikorsky Credit Union secures its first brick-and-mortar presence in the Fairfield market. The sale stands out for its multiple competitive offers and premium price point, highlighting the enduring demand for well-located retail banking sites in Fairfield County.
Marketing Strategy and Positioning
Upon appointment as exclusive sale agent by Post Road Fairfield, LLC, the Choyce Peterson team executed a focused marketing campaign leveraging the property’s prime downtown location, ample parking, and turnkey bank setup. Strategic outreach targeted both regional and local operators, emphasizing the rare drive-thru entitlement under current zoning. This positioning generated robust interest from owner-occupants and investors alike, resulting in multiple offers and a highly competitive sale process.
Sale Details
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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- Broker: Scott Peterson & Charlene O’Connell, Vice Presidents, Choyce Peterson, Inc.
- Sale Price: $2,600,000
- Price per SF: $960
- Asset Class: Pad Site / Free-Standing Retail Bank
- Sale Date: Mid-2025
- Buyer: Sikorsky Credit Union
- Total SF: 2,709
- Number of Units: 1
- Lot Size: 0.32 Acres
- Year Built / Renovated: 1972
- Zoning: Downtown commercial; bank/drive-thru permitted, strict drive-thru restrictions for other uses
Property Summary: 1643 Post Road
The property offers a rare combination of prime downtown positioning, existing bank infrastructure, and exclusive drive-thru zoning—a compelling package for financial institutions and investors. Key features and characteristics include:
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- Address: 1643 Post Road, Fairfield, CT
- Stories: 1
- Building Type: Free-Standing Retail (Former Bank Branch)
- Key Features:
- Prime downtown location less than ¼ mile from Fairfield Metro-North Station
- Existing drive-up window and dedicated parking
- Move-in ready bank infrastructure
- Prominent Post Road visibility
- Zoning exclusivity for drive-thru banking operations
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.
Conclusion
The sale of 1643 Post Road demonstrates the continued strength of well-positioned, adaptable retail assets in Fairfield County. The successful transaction not only enabled the seller to transition a generational asset at a premium price but also allowed Sikorsky Credit Union to accelerate its Fairfield market entry with an ideal, ready-to-operate facility. Choyce Peterson’s tailored marketing and deep local expertise were instrumental in driving competition and exceeding client expectations.
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.
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