Second-Floor Character Office
For Sale
Contact for pricing
953 Washington Blvd, Stamford, CT 06901
Professional workspace with private offices, meeting areas, a kitchenette, storage, and distinctive architectural details.
Property Size7,382 SF
Price / SF$0.00
Days on Market108
Property Features for 953 Washington Blvd
General Information
Standard status
Active
Size
7,382 SF
Additional Details
Floor
2
Public Transit
Yes
Amenities
private offices
glass-walled conference room
collaboration zones
kitchenette
storage areas
abundant natural light
hardwood floors
Building Details
Year Built
1928
Construction
brick and steel
Listing Agency:
Houlihan Lawrence
Listed By:
Barbara R. Huber (203) 609-1401 (203) 869-0700
(203) 609-1401
Source:
Rhodeislandhomesforsale
Added: Jul 19
Changed: Nov 1
Last Checked: Nov 3 at 6:50AM
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 Houlihan Lawrence
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Investment Insights
Based on property information with market context.
This 7,382-square-foot office property occupies the second floor of a 1928 building and combines a practical professional layout with original architectural elements. The space includes multiple private offices, a glass-enclosed conference room, collaboration areas, a kitchenette, and storage. Exposed brick, steel beams, hardwood flooring, and ample natural light add visual character throughout the interior.
The property is positioned at the corner of Main Street and Washington Boulevard in Stamford’s Columbus Park business district. Its setting provides access to Metro-North, restaurants, and downtown Stamford, with a location described as walkable and transit-rich. The configuration is suited to office users seeking a combination of enclosed work areas, meeting space, and shared zones.
The property is positioned at the corner of Main Street and Washington Boulevard in Stamford’s Columbus Park business district. Its setting provides access to Metro-North, restaurants, and downtown Stamford, with a location described as walkable and transit-rich. The configuration is suited to office users seeking a combination of enclosed work areas, meeting space, and shared zones.
Key Highlights
- 7,382 SF of second‑floor office space
- Built in 1928
- Multiple private offices with a glass‑walled conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,506
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,120
$2.3M
Cap Rate 7%
$1,621,514
$1.6M
Cap Rate 9%
$1,261,178
$1.3M
Market Conditions
NOI Build-Up for 7,382 SF
Gross rent
$208.2K $28.20/SF
− Vacancy
−$56.8K −$7.70/SF
EGI
$151.3K $20.50/SF
− OpEx
−$37.8K −$5.13/SF
NOI
$113.5K $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%
$2,270,120
Cap Rate 7%
$1,621,514
Cap Rate 9%
$1,261,178
Alternative Uses
Best Use
Office B
$1.62M
$1.42M – $1.89M
NOI $113,506 @ 7.0% cap · market cap 567,530.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.34M – $3.11M
NOI $186,840 @ 7.0% cap · market cap 934,200.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5,487
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Professional workspace with private offices, meeting areas, a kitchenette, storage, and distinctive architectural details.
Where is this office unit located?
The property is located at 953 Washington Blvd Stamford, CT.
What are key features of this property?
This property features: 7,382 SF of second‑floor office space; Built in 1928; Multiple private offices with a glass‑walled conference room
