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Stamford Light Industrial Building For Sale

34 Baxter Avenue, Stamford, CT 06902

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For Sale

$999,000

Standalone light industrial building with flexible space in Stamford, CT.

Type:Commercial

Property size:

4,130 SF

Price / SF:

$241/SF

HighLights

Prime location with immediate access to I‑95 for seamless regional connectivity.
3,200 sq ft light industrial building with an additional 1,000 sq ft basement.
Features a drive‑in bay and 3‑phase power.
Includes a finished rear section with office space and a one‑bedroom apartment.
12‑foot ceilings providing excellent usability and functionality.
Potential for additional parking across the street.

We can help!

Listing Contact

Cody Nizzardo

Learn more

For Sale

$999,000

Standalone light industrial building with flexible space in Stamford, CT.

Type:Commercial

Property size:

4,130 SF

Price / SF:

$241/SF

Added:: Apr 9, 2026
Days on Market:: 61
Last Refresh:: Apr 20 at 2:15 pm

Property Features for 34 Baxter Avenue

General Information

Standard status: Active
Size: 4,130 SF
Property subtype: Commercial

Building Details

Year Built: 1956

We can help!

Listing Contact

Cody Nizzardo

Listing agent Cody Nizzardo License #REB.0790249

Listing office Nizzardo Real Estate Services

Listing date Apr 9, 2026

Source Iverty

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 Nizzardo Real Estate Services

HighLights

Prime location with immediate access to I‑95 for seamless regional connectivity.
3,200 sq ft light industrial building with an additional 1,000 sq ft basement.
Features a drive‑in bay and 3‑phase power.
Includes a finished rear section with office space and a one‑bedroom apartment.
12‑foot ceilings providing excellent usability and functionality.
Potential for additional parking across the street.

Overview

Located at 34 Baxter Avenue, Stamford, CT, this standalone light industrial building offers a rare opportunity in a high-demand commercial area. The property features approximately 3,200 square feet above grade, complemented by a 1,000 square foot basement, providing flexible space suitable for various industrial, contractor, or flex applications. Currently operating as a custom cabinet shop, the layout is well-suited for manufacturing, storage, workshop use, or owner-occupancy. The building includes a drive-in bay for convenient loading, 3-phase power to support heavy-duty operations, and 12-foot ceilings enhancing usability. A finished rear section combines office space with a half bathroom and a one-bedroom, one-bathroom apartment setup with central air, offering flexibility for owner use, employee housing, or supplemental office operations. The rear portion is currently built out as office space with a non-conforming apartment component. There is also potential for additional parking across the street. The property benefits from immediate access to I-95, facilitating regional connectivity throughout Fairfield.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$116.5k	$28.20
− Vacancy	−$31.8k	−$7.70
EGI	$84.7k	$20.50
− OpEx	−$21.2k	−$5.13
NOI	$63.5k	$15.38

4,130 SF · lease $28.20/SF/yr · vacancy 27.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$907.2K

$793.8K – $1.06M (±1% cap)

NOI $63,503 @ 7.0% cap · market cap 6.36%

Second Best

Flex RnD

$753.0K

$658.9K – $878.5K (±1% cap)

NOI $52,710 @ 7.0% cap · market cap 5.28%

Theoretical Best

Office A

$1.49M

$1.31M – $1.74M (±1% cap)

NOI $104,531 @ 7.0% cap · market cap 10.46%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Bruce Custom Woodworking General Contractor

Suggested Use

Similar Places Nearby

Libby Cooke Catering — 49 Brown House Rd, Stamford, CT 06902
Aux Delices (not a retail location) — 23 Acosta St, Stamford, CT 06902
Susan Kane Catering — 90 Fairfield Ave, Stamford, CT 06902
Upper Crust Bagel Co — 197 Sound Beach Ave, Old Greenwich, CT 06870
A Dash of Salt Catering — 49 Brown House Rd, Stamford, CT 06902

Location Insight

Map
Local Demand

City: Stamford
County: Fairfield
State: Connecticut
Longitude: -73.5545809
Latitude: 41.0434893

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For sale
Flex space
CT
Stamford
06902
34 Baxter Avenue

What type of property is this?

Flex space - Standalone light industrial building with flexible space in Stamford, CT.

Where is this flex space located?

The property is located at 34 Baxter Avenue Stamford, CT.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: Prime location with immediate access to I‑95 for seamless regional connectivity.; 3,200 sq ft light industrial building with an additional 1,000 sq ft basement.; Features a drive‑in bay and 3‑phase power.