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Property profile & analytics
OFF-MARKET Estimated value $1,065,000
Office Spaces

258 Atlantic St 1 Stamford, CT 06901-3505

8,777 SF Built 1835
Entity Owned 13-yr Hold Free & Clear
Property ID
US15-0887016
Property summary
AI-generated overview

This exceptional 15,000-square-foot commercial property at 258 Atlantic Street, Unit 1 & 2, in the heart of downtown Stamford, CT, presents a unique investment opportunity. Housed in a meticulously preserved 1835 building, the property boasts stunning neo-Italian Renaissance architecture, featuring a limestone faГ§ade, impressive columns, Roman arches, and intricate handcrafted bronzework. The interior has been completely renovated, removing outdated finishes while carefully retaining original character details and period brickwork. An approved City of Stamford building permit allows for build-out as a single-tenant "white box" space, ready for immediate occupancy. Architectural plans include a substantial rooftop entertainment area, a dramatic central staircase and elevator, and a large vertical opening maximizing natural light. Renderings showcase potential features such as a coffee/nosh bar, partitioned offices, a boardroom, and even a gymnasium. The property's prime downtown location offers unparalleled convenience, with easy access to the Stamford Metro Station and a vibrant array of restaurants, offices, and hotels. A significant advantage is the inclusion of 36 parking spaces within the nearby 300 Atlantic Street Garage, with direct access to 258 Atlantic Street. This property offers a rare blend of historic charm, modern functionality, and an enviable location, making it an ideal space for a discerning tenant seeking a prestigious and well-appointed commercial space. The 0.11-acre lot provides ample space for the building and its associated amenities. This is a truly remarkable opportunity to own a piece of Stamford's rich history while enjoying the benefits of a completely modernized and adaptable commercial space.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1835
Total area 8,777 SF
Zoning code CCN
APN STAM M:004 B:2660 U:1
UPID US15-0887016
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ginger Tree Gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.07M
Owner & transaction history
258 Atlantic LLC · 13 yrs held
258 Atlantic LLC
since 2012
1 recorded transaction
2012
$1
Zoning & alternative use
CCN · Stamford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.6M +5.6%
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