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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526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue
526 Newfield Avenue

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

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

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