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Downtown Hotel Redevelopment Building
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59 Broad St, Stamford, CT 06901

Three-story building in an Opportunity Zone, offered as a redevelopment site near Target and UCONN.

Property Size30,000 SF
Days on Market132

Property Features for 59 Broad St

General Information

Standard status Active
Size 30,000 SF
Property subtype Retail, Office, Land

Additional Details

Opportunity Zone Yes

Building Details

Stories 3
Listing Agency: Greiner-Maltz Company of New York, Inc.
Listed By: Kostas Alafoyiannis · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:53AM

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 Greiner-Maltz Company of New York, Inc.

Investment Insights

Based on property information with market context.

This offering presents an owner-investor and redevelopment opportunity with plans noted for a buildout of a 50,000 SF hotel. The existing asset is described as a 30,000 SF, three-story building positioned for retail, office, or redevelopment use.

The property is located in Downtown Stamford and is noted as adjacent to Target and UCONN along Broad Street and Lower Summer Street. It is also identified as being within an Opportunity Zone.

For serious investors and operators, the key takeaway is the scale and redevelopment direction: a multi-story building configured for potential transformation into hospitality use, supported by its stated proximity to major retail and university facilities.

Key Highlights

  • Opportunity Zone redevelopment site in downtown Stamford, CT
  • 3‑story building with 30,000 SF available for redevelopment
  • Offered as a retail/office/redevelopment/owner‑investor building

Property Analytics

Current Use

Exxon Gas Station bp Gas Station Citizens Bank Integrated Finance Loan Service Nicholas Banks Financial Advisor

Suggested Use

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

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

5,127
Businesses Nearby

Demographics for 06901, CT

10,595
Population
6,440
Households
1.6
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
0.5 sq mi
ZIP Area
21,190
Density / Sq Mi
$87,524
Median Household Income
$70,562
Median Earnings
$2,266
Median Rent
$446,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story building in an Opportunity Zone, offered as a redevelopment site near Target and UCONN.
Where is this office building located?
The property is located at 59 Broad St Stamford, CT.
What are key features of this property?
This property features: Opportunity Zone redevelopment site in downtown Stamford, CT; 3‑story building with 30,000 SF available for redevelopment; Offered as a retail/office/redevelopment/owner‑investor building
More about this property
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