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Waterfront Development Parcel Portfolio
For Sale
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Pending

10 Water St, Stamford, CT 06902

Three adjacent waterfront parcels totaling 2.41 acres, currently used as an energy terminal with planned equipment removal.

Property SizeContact for details
Days on Market120

Property Features for 10 Water St

General Information

Standard status Pending
Property subtype Retail, Land
Listing Agency: Cushman & Wakefield - Stamford, Connecticut
Listed By: Matt Torrance · License #CT RES.0795522
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 8 at 1:25PM

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 Cushman & Wakefield - Stamford, Connecticut

Investment Insights

Based on property information with market context.

This sale offering presents the South End Portfolio, a large waterfront development site made up of three adjacent parcels: 10 Water Street, 26 Berkeley Street, and 27 Berkeley Street, totaling 2.41 acres. The property is currently operated as a terminal for Sprague Energy, and the operator plans to remove oil handling equipment including storage tanks, a truck loading rack, an oil water separator, dock lines, and related components.

10 Water Street is located in the Coastal Water Dependent District (CW-D Zone), while the Berkeley Street parcels are in the Multiple Family Residence Design District (R-MF Zone). All parcels are situated within a Qualified Opportunity Zone (QOZ), and an in-place easement agreement provides vehicular access to the portfolio from Atlantic Street.

The parcels are located on the bank of the western branch of Stamford Harbor in the site-constrained South End and are positioned near major roadways, Exit 7 of Interstate 95, and the Stamford Transportation Center, with express service to Grand Central Terminal described as approximately 45 minutes.

Key Highlights

  • South End Portfolio includes 10 Water St, 26 Berkeley St, and 27 Berkeley St—three adjacent parcels totaling 2.41 acres.
  • Waterfront development site on the bank of the western branch of Stamford Harbor in Stamford’s South End.
  • Currently operated as a terminal for Sprague Energy; planned removal of oil handling equipment, including storage tanks and truck loading rack.

Property Analytics

Current Use

Sprague Terminal Oil & Natural Gas Company

Suggested Use

Top Pick Acupuncture Veterinary Clinic Locksmith Butcher Tanning Salon Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

1,999
Businesses Nearby

Demographics for 06902, CT

69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Three adjacent waterfront parcels totaling 2.41 acres, currently used as an energy terminal with planned equipment removal.
Where is this waterfront land located?
The property is located at 10 Water St Stamford, CT.
What are key features of this property?
This property features: South End Portfolio includes 10 Water St, 26 Berkeley St, and 27 Berkeley St—three adjacent parcels totaling 2.41 acres.; Waterfront development site on the bank of the western branch of Stamford Harbor in Stamford’s South End.; Currently operated as a terminal for Sprague Energy; planned removal of oil handling equipment, including storage tanks and truck loading rack.
More about this property
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