Office Suite with Private
1500 Bedford Street 104, Stamford, CT 06905
For Sale
$699,000
First-floor workspace includes a conference room, kitchenette, reception area and lower-level storage.
Property Size3,100 SF
Price / SF$225.48
Days on Market21
Property Features for 1500 Bedford Street 104
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Floor
Public Transit
Property Use
Amenities
private offices
conference room
kitchenette
reception
storage
Wall-to-Wall Carpet
Central Air
Electric,Gas,Telephone,Cable
20
Public Water Connected
Level Lot
Building Details
Year Built
Listing Agency:
BHHS Darien/New Canaan
(203) 655-5114
Listed By:
Gaynor Brennan · License CT RES.0800346
(203) 252-4650
Source:
Surfrealtyteam
Added: Oct 20
Changed: Nov 9
Last Checked: Nov 9 at 2:02PM
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 BHHS Darien/New Canaan
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Investment Insights
Based on property information with market context.
The 3,100-square-foot first-floor office suite is arranged with five private offices, a conference room, kitchenette and reception area. Additional storage is located on the lower level, and six reserved parking spaces are behind a gate. The property was built in 1985 and has central air conditioning and a level lot with public water connected.
The address is a short distance from downtown Stamford and the Metro-North Railroad. The site is in the RMF district, where listed as-of-right uses include apartment configurations, a single-family or two-family dwelling, accessory garage, home occupation, professional offices as an accessory use, public school and qualifying elderly housing or child day care services.
The address is a short distance from downtown Stamford and the Metro-North Railroad. The site is in the RMF district, where listed as-of-right uses include apartment configurations, a single-family or two-family dwelling, accessory garage, home occupation, professional offices as an accessory use, public school and qualifying elderly housing or child day care services.
Key Highlights
- 3,100 square feet of first‑floor office space
- Five private offices, conference room, kitchenette and reception area
- Lower‑level storage and six reserved gated parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,666
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,320
$953.3K
Cap Rate 7%
$680,943
$680.9K
Cap Rate 9%
$529,622
$529.6K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$87.4K $28.20/SF
− Vacancy
−$23.9K −$7.70/SF
EGI
$63.6K $20.50/SF
− OpEx
−$15.9K −$5.13/SF
NOI
$47.7K $15.38/SF
Area
Stamford, CT
Vacancy
27.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,320
Cap Rate 7%
$680,943
Cap Rate 9%
$529,622
Alternative Uses
Best Use
Office B
$680.9K
$595.8K – $794.4K
NOI $47,666 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$980.8K – $1.31M
NOI $78,462 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,624
Businesses Nearby
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Business Placement
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
$608,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Fairfield County, CT
Properties on Market for Office Units in Fairfield County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - First-floor workspace includes a conference room, kitchenette, reception area and lower-level storage.
Where is this office unit located?
The property is located at 1500 Bedford Street 104 Stamford, CT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,100 square feet of first‑floor office space; Five private offices, conference room, kitchenette and reception area; Lower‑level storage and six reserved gated parking spaces
