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$2,295,000
Est. payment /mo
1 Bath
5,427 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,427 sqft
Price per Sqft $422
MLS Listing ID 24193395
Half Baths 1
Year Built 1936
Annual Tax Amount $20,793
Lot Size 0.280 Acres
Property Description
Rare opportunity to acquire a fully leased, 5,427sqft income-producing medical office building situated in one of Stamford's most established commercial corridors. Held under continuous ownership since 1989, the property provides investors immediate cash flow, long-term lease stability, scheduled rental increases & minimal management responsibilities through its favorable lease structure. Prime location, strong tenant roster & well-maintained footprint, this property appeals equally to passive investors seeking reliable returns & medical owner-users looking for long-term value. Property & Investment Highlights | *Tenant Roster: Fully occupied by 3 established medical & professional service tenants: Optician (Vision Care), Dentist & Chiropractor. *Building Size & Layout: Approximately 4,950 sq. ft. of income-producing medical office space. Note: Building features slab/grade construction with no basement space. *Parking & Land: Includes 22 total parking spaces (21 main spaces, plus 1 additional space located on the 13'1" parcel along the north side of the building on Newfield Ave). *Walk-Up Attic Storage: Features a large walk-up attic w/center ceiling heights reaching 12 feet. It provides dedicated, designated storage areas for all 3 tenants: Dental & Chiropractic Storage: ~12' 15' per space. Vision Care Storage: Double-sized storage area (~24' 15'). *Financial Stability: Immediate cash flow generated by a resilient, medical-focused tenant mix w/structured rental increases
Location
State CT
County Fairfield
Zoning CN
Interior
Interior Features Security System
Heating Hot Air, Zoned
Cooling Central Air
Flooring Tile, Wall-to-Wall Carpet, Wood
Exterior
Exterior Feature Gutters, Lighting, Pole Sign, Door Sign
Parking Features Paved, Off Street Parking, Parking Lot
Utilities Available Electric, Gas, Telephone, Cable Available
Roof Type Asphalt Shingle,Flat
Building
Lot Description Dry, Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Bob Jr Virgulak • Century 21 AllPoints Realty
Nearby Locations
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