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Property profile & analytics

242 Hope St Stamford, CT 06906

  • Showrooms
  • 4,520 SF
  • 0.17 lot acres
Value Estimation
Location Intelligence
Property ID
US15-0126736
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Cornerstone Community Credit Union / Credit Union

Property Details for 242 Hope St

Year built
1981
Construction
STEEL FRAME
Lot size
0.17 lot acres
Property size
4,520 SF
Zone code
MZN
Property type
Showrooms
APN
STAM M:001 B:6299
APU
STAMM001B6299

Description

This exceptional commercial property at 242 Hope Street in Stamford, Connecticut, offers a unique opportunity for investors and businesses alike. The 4,520 square foot building is situated in the vibrant Glenbrook neighborhood, boasting convenient access to I-95 and the Merritt Parkway, ensuring seamless connectivity throughout the region. Previously occupied by Cornerstone Community Credit Union, the building retains many of its original features, including a fully functional ATM, a bank teller floor, a secure vault, and two private offices. The layout also includes an ADA-compliant restroom, adding to its accessibility and functionality. The second floor provides additional office space, complemented by a dedicated conference room, ideal for meetings and collaborative work. The property's location on Hope Street places it within minutes of Stamford Hospital, offering a strategic advantage for businesses serving the healthcare sector or those seeking proximity to medical facilities. The combination of its prime location, versatile layout, and existing infrastructure makes this a highly attractive investment opportunity in a thriving Connecticut market. The property is zoned for commercial use and includes land, offering potential for future expansion or redevelopment. The asking price for this remarkable property is $1,500,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Stamford
County
Fairfield
State
Connecticut
Longitude
-73.5272
Latitude
41.069
CBSA code
14860
CBSA name
BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,797
$456,570
$500,680
$957,250
-
$0.00
$0.00
$0.00
More about this property
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