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    Retail Storefront with Second-Level Apartments Title is generated by Realmo AI

    63 Selleck Street, Stamford, CT 06902

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    For Sale
    $1,025,000

    Storefront retail space with two upstairs apartments, parking, and storage—suited for owner-operator or mixed-use redevelopment.

    Type:General Commercial
    Property size:
    3,756 SF
    Price / SF:
    $272/SF
    Added:
    Apr 30, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 15 at 7:05 am

    Property Features for 63 Selleck Street

    General Information

    Standard status
    Active
    Size
    3,756 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1880

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    Listing Contact
    Arnold Knittel

    Listing agent Arnold Knittel

    Listing office BHGRE Shore & Country

    Listing date Apr 30, 2026

    Source Xome

    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 BHGRE Shore & Country

    HighLights

    • 3,396 sq ft lot includes 1,689 SF retail space with two upstairs apartments (RMF zoning).
    • Former restaurant building with previous use serving the community for over 15 years.
    • Retail space can be retrofitted for other business types with Stamford zoning approval.
    • 8 off‑street parking spaces plus an adjacent parking lot; also includes parking for 6–8 vehicles.
    • 396 SF storage area included.
    • Guest facilities: 3; Year built: 1880 (sold as‑is).

    Overview

    This mixed-use property includes approximately 1,689 sf of retail storefront space at street level, with a second-floor setup consisting of two apartments. A separate approximately 396 sf storage area is also included on-site. The building is being offered as-is, and the space can be retrofitted for other types of business pending Stamford zoning approval.

    The property is positioned in a high-traffic area with visibility, and it provides easy access to highway and other transportation modes. On-site parking is available for approximately 6–8 vehicles, and there is additional off-street parking in an adjacent parking lot. The overall lot size is approximately 156 ft x 36 ft.

    For prospective tenants or owner-operators, the combination of retail frontage and residential units may support multiple occupancy strategies within a single asset. The previous building use was a community-serving restaurant for over fifteen years, and the available retail configuration can be adapted to other business uses with the required zoning approval.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $110.4k $29.40
    − Vacancy −$7.2k −$1.91
    EGI $103.2k $27.49
    − OpEx −$31.0k −$8.25
    NOI $72.3k $19.24
    3,756 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.03M
    $903.4K – $1.20M (±1% cap)
    NOI $72,274 @ 7.0% cap · market cap 7.05%
    Second Best
    Retail
    $924.3K
    $808.7K – $1.08M (±1% cap)
    NOI $64,699 @ 7.0% cap · market cap 6.31%
    Theoretical Best
    Office A
    $1.36M
    $1.19M – $1.58M (±1% cap)
    NOI $95,065 @ 7.0% cap · market cap 9.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Green of Greenwich — 289 Selleck St, Stamford, CT 06902
    • Stop & Shop Florist — Stamford, CT 06902

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5497364
    Latitude
    41.0405775

    FAQs

    What type of property is this?
    Storefront property - Storefront retail space with two upstairs apartments, parking, and storage—suited for owner-operator or mixed-use redevelopment.
    Where is this storefront property located?
    The property is located at 63 Selleck Street Stamford, CT.
    What is the asking price?
    The asking price for this property is $1,025,000.
    What are key features of this property?
    This property features: 3,396 sq ft lot includes 1,689 SF retail space with two upstairs apartments (RMF zoning).; Former restaurant building with previous use serving the community for over 15 years.; Retail space can be retrofitted for other business types with Stamford zoning approval.
    More about this property
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