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Mixed-Use Property For Sale

11-15 Virgil St, Stamford, CT 06902

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For Sale

$3,000,000

Two buildings on a .66 acre lot with income.

Type:Commercial

Property size:

9,500 SF

Lot size:

0.66 Acres

Price / SF:

$315/SF

HighLights

High Walk Score (88) and Excellent Transit Score (71) indicating convenient access to amenities and transportation.
Development opportunity with two buildings on a .66‑acre lot.
Main building (9500 sq ft) suitable for retail/flex use with features like overhead doors, concrete slab, showroom, and warehouse.
Existing tenant in smaller building (1350 sq ft) provides immediate income ($3200/month with annual increases).
Ample parking and fully fenced, level lot.
Very Bikeable (Bike Score 76).

We can help!

Listing Contact

Jennifer Lynne

Learn more

For Sale

$3,000,000

Two buildings on a .66 acre lot with income.

Type:Commercial

Property size:

9,500 SF

Lot size:

0.66 Acres

Price / SF:

$315/SF

Added:: Apr 24, 2026
Days on Market:: 54
Last Refresh:: Apr 24 at 4:27 pm

Property Features for 11-15 Virgil St

General Information

Standard status: Active
Size: 9,500 SF
Lot size: 0.66 Acres
Property subtype: Commercial

Building Details

Year Built: 1948

We can help!

Listing Contact

Jennifer Lynne

Listing agent Jennifer Lynne License #REB.0793669

Listing office Coldwell Banker Commercial | Trumbull Regional Sales Center

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial | Trumbull Regional Sales Center

HighLights

High Walk Score (88) and Excellent Transit Score (71) indicating convenient access to amenities and transportation.
Development opportunity with two buildings on a .66‑acre lot.
Main building (9500 sq ft) suitable for retail/flex use with features like overhead doors, concrete slab, showroom, and warehouse.
Existing tenant in smaller building (1350 sq ft) provides immediate income ($3200/month with annual increases).
Ample parking and fully fenced, level lot.
Very Bikeable (Bike Score 76).

Overview

This property presents a development opportunity featuring two buildings situated on a 0.66-acre lot. The main building, approximately 9500 square feet, is currently owner-occupied by a historic retail trade company and functions as a retail/flex space. It includes three overhead doors, a concrete slab, a retail showroom, and a machine service warehouse. The smaller building, approximately 1350 square feet, is occupied by a salon with 6 years remaining on their lease, generating a monthly income of $3200 with 2.5% annual increases. The lot is level, fully fenced, and provides ample parking. The location is considered very bikeable with a bike score of 76, very walkable with a walk score of 88, and has excellent transit with a transit score of 71.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$285.0k	$30.00
− Vacancy	−$20.0k	−$2.10
EGI	$265.1k	$27.90
− OpEx	−$99.4k	−$10.46
NOI	$165.7k	$17.44

9,500 SF · lease $30.00/SF/yr · vacancy 7.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$2.37M

$2.07M – $2.76M (±1% cap)

NOI $165,656 @ 7.0% cap · market cap 5.52%

Second Best

Retail

$2.34M

$2.05M – $2.73M (±1% cap)

NOI $163,642 @ 7.0% cap · market cap 5.45%

Theoretical Best

Office A

$3.43M

$3.01M – $4.01M (±1% cap)

NOI $240,447 @ 7.0% cap · market cap 8.01%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Stamford
County: Fairfield
State: Connecticut
Longitude: -73.5556053
Latitude: 41.0487186

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For sale
Mixed-use properties
CT
Stamford
06902
11-15 Virgil St

What type of property is this?

Mixed-use property - Two buildings on a .66 acre lot with income.

Where is this mixed-use property located?

The property is located at 11-15 Virgil St Stamford, CT.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: High Walk Score (88) and Excellent Transit Score (71) indicating convenient access to amenities and transportation.; Development opportunity with two buildings on a .66‑acre lot.; Main building (9500 sq ft) suitable for retail/flex use with features like overhead doors, concrete slab, showroom, and warehouse.