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Property profile

258 Atlantic St 1 Stamford, CT 06901

OFF-MARKET
Office Spaces
Property ID
US15-0887016
8,777 SF Built 1835
Entity Owned 13-yr Hold Free & Clear
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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 The interior has been completely renovated, removing outdated finishes while carefully retaining original character details and period brickwork.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

Current use

Occupant on record · Public records
  • Art Gallery

Location

258 Atlantic St, Unit 1 Stamford, CT 06901-3505
Stamford metro Census 20102 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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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

since 2012
1 recorded transaction
2012
$1

Zoning & alternative use

CCN · Stamford, CT
Top alternative use upside
Retail stores $1.6M +5.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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