commercial
526 Newfield Avenue
Stamford, Connecticut 6905
Price
$2,295,000
Price/SF
$422.89/SF
Building Size
5,427 SF
Lot Size
0.28 acres
Year Built
1936
Units
3
Property Description
Rare opportunity to acquire a fully leased, 5,427sqft income-producing medical office building situated in one of Stamford's most established commercial corridors. Held under continuous ownership since 1989, the property provides investors immediate cash flow, long-term lease stability, scheduled rental increases & minimal management responsibilities through its favorable lease structure. Prime location, strong tenant roster & well-maintained footprint, this property appeals equally to passive investors seeking reliable returns & medical owner-users looking for long-term value. Property & Investment Highlights | *Tenant Roster: Fully occupied by 3 established medical & professional service tenants: Optician (Vision Care), Dentist & Chiropractor. *Building Size & Layout: Approximately 4,950 sq. ft. of income-producing medical office space. Note: Building features slab/grade construction with no basement space. *Parking & Land: Includes 22 total parking spaces (21 main spaces, plus 1 additional space located on the 13'1" parcel along the north side of the building on Newfield Ave). *Walk-Up Attic Storage: Features a large walk-up attic w/center ceiling heights reaching 12 feet. It provides dedicated, designated storage areas for all 3 tenants: Dental & Chiropractic Storage: ~12' 15' per space. Vision Care Storage: Double-sized storage area (~24' 15'). *Financial Stability: Immediate cash flow generated by a resilient, medical-focused tenant mix w/structured rental increases
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Additional Details
Zoning
CN
MLS Number
24193395
Property ID
a092a0f0-c023-415b-966c-9a1b3e042c6b
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MLS Information
MLS#: 24193395
Listed by: Century 21 AllPoints Realty
Agent: Bob Jr Virgulak • (203) 246-6505 • bobvirgulak@gmail.com
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