27 5Th StStamford, CT 06905

Property Details for 27 5Th St

Year built

1945

Construction

FRAME

Lot size

0.12 AC

Property size (Sq ft)

2,025 SF

Zone code

RMF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:001 B:0627

APU

STAMM001B0627

Description

This exceptional 3,194 square foot commercial building is ideally situated in downtown Stamford, CT, at 27 5th Street. The property boasts a prime in-town location, offering unparalleled convenience and accessibility. Its versatile layout is perfect for a single large tenant or can be easily divided to accommodate multiple occupants. Currently, the building features two tenants with month-to-month leases, providing immediate income potential. The space is divided across three floors: a first floor comprising 867 square feet, a second floor of 747 square feet, and a third floor offering 411 square feet. Each floor presents unique opportunities for customization and tenant adaptation. The property sits on a 0.12-acre lot and includes the added benefit of six onsite parking spaces, a significant advantage in a bustling urban environment. This presents a rare opportunity to acquire a well-located, adaptable commercial property with existing income streams in the thriving Stamford market. The asking price for this exceptional property is $699,500. This is a turnkey opportunity for investors seeking a strong return on investment or businesses looking for a flexible and convenient space to operate. The month-to-month leases offer flexibility for future development and tenant management. Don't miss this chance to own a piece of Stamford's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $492,146

  6.5%

  $454,288

  7%

  $421,839

• Comparable approach

  Method

  Valuation

  Relative Method

  $666,758

  Geo Method

  $666,758

• Alternative Use

  Use

  Valuation

  Residential

  $383,209

  Hospitality

  $351,018

  Educational

  $292,042

  Medical

  $302,086

  Retail

  $454,288

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.0659

Longitude

-73.543

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.