Retail Storefront with Second-Level
63 Selleck Street Stamford, CT 06902
63 Selleck Street, Stamford, CT, 06902
$1,025,000
For Sale
$1,025,000
Storefront retail space with two upstairs apartments, parking, and storage—suited for owner-operator or mixed-use redevelopment.
Property Size3,756 SF
Price / SF$272.90
Days on Market96
Property Features for 63 Selleck Street
General Information
- Standard status
- Active
- Size
- 3,756 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1880
Listing Agency
BHGRE Shore & Country
(203) 943-8751
Listed by
Arnold Knittel
(203) 943-8751
Source
Xome
Added: Apr 12 Checked: Jun 15 at 7:05 am
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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.
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
NOI $72,274 @ 7.0% cap · market cap 7.05%
Second Best
Retail
$924.3K
$808.7K – $1.08M
NOI $64,699 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,065 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Green of Greenwich — 289 Selleck St, Stamford, CT 06902
- Stop & Shop Florist — Stamford, CT 06902
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.
