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Mixed-Use Income Property
For Sale
Contact for pricing
Pending

885 Summer St, Stamford, CT 06905

Property offers six residential units plus six businesses, with 40 parking spaces on a large downtown lot.

Property SizeContact for details
Lot Size0.73 Acres
Days on Market143

Property Features for 885 Summer St

General Information

Standard status Pending
Total Parking Spaces 40
Lot size 0.73 Acres
Property subtype Mixed Use, Retail
Zoning CI

Additional Details

Business Included Yes
Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: Marr & Caruso
Listed By: Seamus Costigan · License #CT-0804225
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Aug 30 at 8:07PM

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 Marr & Caruso

Investment Insights

Based on property information with market context.

This mixed-use income property includes six residential units and six businesses, offering an on-site blend of housing and income-producing commercial space. The property sits on a lot with 40 parking spaces, and the overall site area is approximately 32,000 square feet.

Located at 885 Summer St in Stamford, CT, the asset is described as being on one of the most known lots in town with exposure tied to Summer Street and North. The remarks also reference The Wedge Inn and Dairy Queen as established Stamford options associated with the site.

Zoning is described as part RMF and mostly CI, supporting a variety of commercial and residential uses consistent with the property’s current configuration of apartments and operating businesses.

Key Highlights

  • Mixed‑use property with 6 residential units and 6 businesses on one lot
  • Located on Summer Street in downtown Stamford
  • Includes 40 parking spaces on a 32,000 SF lot

Property Analytics

Current Use

Wedge Inn Restaurant Dairy Queen (Treat) Grocery & Convenience Store TNT Fireworks Discount Store

Suggested Use

Top Pick Pet Grooming Service Butcher Tanning Salon (Bike/Boat/Book/etc) Store Bed & Breakfast Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

6,116
Businesses Nearby

Demographics for 06905, CT

21,809
Population
8,726
Households
2.5
Avg Household Size
39
Median Age
62%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
4,276
Density / Sq Mi
$132,730
Median Household Income
$70,273
Median Earnings
$2,330
Median Rent
$608,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Property offers six residential units plus six businesses, with 40 parking spaces on a large downtown lot.
Where is this apartment building located?
The property is located at 885 Summer St Stamford, CT.
What are key features of this property?
This property features: Mixed‑use property with 6 residential units and 6 businesses on one lot; Located on Summer Street in downtown Stamford; Includes 40 parking spaces on a 32,000 SF lot
(203) 324-1300 Call to check price and availability
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