934 Hope StStamford, CT 06907

Property Details for 934 Hope St

Year built

1943

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.11 AC

Property size (Sq ft)

1,408 SF

Zone code

CN

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:001 B:6668

APU

STAMM001B6668

Description

This exceptional commercial property, located at 934 Hope Street in Stamford, Connecticut, presents a unique investment opportunity for an owner-operator seeking to build long-term wealth. The building boasts 1,408 square feet of usable space situated on a 0.11-acre lot. Its prime Stamford location offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. The asking price is $1,099,000. The property's size and location make it suitable for a range of commercial uses, providing flexibility for potential buyers. This is a chance to acquire a substantial commercial property in a thriving Connecticut market. The property's strong location and size offer significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities this property offers. The building's solid construction and desirable location combine to create a compelling investment opportunity. Further details regarding the property's zoning and potential uses are available upon request. Don't miss this chance to own a piece of Stamford's vibrant commercial landscape. This is an excellent opportunity for a savvy investor looking for a strong foothold in the Connecticut market. The property's potential for future appreciation makes it a particularly attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $342,193

  6.5%

  $315,871

  7%

  $293,308

• Comparable approach

  Method

  Valuation

  Relative Method

  $463,603

  Geo Method

  $463,603

• Alternative Use

  Use

  Valuation

  Residential

  $266,449

  Hospitality

  $244,066

  Educational

  $203,060

  Medical

  $210,043

  Retail

  $315,871

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.0906

Longitude

-73.5181

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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