121 Towne St Stamford, CT 06902
This exceptional Fairfield County property, located at 121 Towne Street, offers 6,759 square feet of versatile commercial space currently available for lease. The building comprises two suites, each adaptable to a variety of uses, including medical offices and restaurants. The minimum divisible space is 1,509 square feet, while a maximum of 5,250 contiguous square feet can be leased. The entire 6,759 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple occupants. The property boasts ample free parking, a significant advantage in this high-demand area. Its strategic location provides excellent access to Interstate 95, ensuring convenient commutes for employees and clients. The building's former restaurant spaces are already equipped with ventilation systems, making them ideal for food-related businesses. This location benefits from its proximity to over 4,000 luxury residential units within a waterfront community, creating a strong potential customer base. Furthermore, the property is situated near major corporate headquarters, including Charter Communications, Silicon Harbor, Bridgewater Associates, XL Reinsurance, and McKinsey & Company, further enhancing its appeal and potential for success. The property type is classified as Retail, Office, and Restaurant, reflecting its adaptability and suitability for a range of businesses. The property is categorized as both Medical Office and Street Retail, highlighting its diverse leasing potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.