Retail Space with Dining
31-41 Bank St, Stamford, CT 06901
For Sale
Contact for pricing
Two-level commercial space pairs a street-facing storefront with an upper-floor dining area.
Property Size4,900 SF
Price / SF$2.92
Days on Market15
Property Features for 31-41 Bank St
General Information
Standard status
Size
Additional Details
Floor
Building Details
Year Built
Listing Agency:
William Raveis Real Estate
Listed By:
Daniel Kolich (203) 667-2467 (203) 869-9263 · License #RES.0794269
(203) 667-2467
Source:
Sunsetcreekrealty
Added: Oct 24
Changed: Nov 6
Last Checked: Nov 6 at 2:27PM
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 William Raveis Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property at 31-41 Bank St in downtown Stamford combines 1,928 square feet of street-level space with a 2,900-square-foot second-floor dining area. Ceiling heights are 18 feet below and 11 feet upstairs. A full basement adds further building space, and a rear entrance supports delivery access.
Bell Street garage is steps away, and street parking is available nearby. The property was built in 1900.
Bell Street garage is steps away, and street parking is available nearby. The property was built in 1900.
Key Highlights
- 1,928 square feet of street‑level retail space
- 2,900‑square‑foot second‑floor dining area
- 18‑foot ceilings at street level; 11‑foot ceilings on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,405
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,688,100
$1.7M
Cap Rate 7%
$1,205,786
$1.2M
Cap Rate 9%
$937,833
$937.8K
Market Conditions
NOI Build-Up for 4,900 SF
Gross rent
$127.6K $26.04/SF
− Vacancy
−$7.0K −$1.43/SF
EGI
$120.6K $24.61/SF
− OpEx
−$36.2K −$7.38/SF
NOI
$84.4K $17.23/SF
Area
Stamford, CT
Vacancy
5.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,688,100
Cap Rate 7%
$1,205,786
Cap Rate 9%
$937,833
Alternative Uses
Best Use
Specialty Retail
$1.39M
$1.22M – $1.63M
NOI $97,615 @ 7.0% cap · market cap 682.62%
Second Best
Retail
$1.21M
$1.06M – $1.41M
NOI $84,405 @ 7.0% cap · market cap 590.24%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,020 @ 7.0% cap · market cap 867.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
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
$446,200
Median Home Value
Market
Average Price Trend$/SF for Retail space in Fairfield County, CT
Properties on Market for Retail space in Fairfield County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Two-level commercial space pairs a street-facing storefront with an upper-floor dining area.
Where is this retail space located?
The property is located at 31-41 Bank St Stamford, CT.
What are key features of this property?
This property features: 1,928 square feet of street‑level retail space; 2,900‑square‑foot second‑floor dining area; 18‑foot ceilings at street level; 11‑foot ceilings on the second floor
