526 Newfield Avenue, Stamford, CT 06905
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526 Newfield Avenue, Stamford, CT 06905
526 Newfield Avenue, Stamford, CT 06905
526 Newfield Avenue, Stamford, CT 06905
526 Newfield Avenue, Stamford, CT 06905
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Noah Gates

Noah Gates

+1(203) 464-7429
$ 2,295,000
Est. payment /mo
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526 Newfield Avenue Stamford, CT 06905

1 Bath

5,427 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,427 sqft

Price per Sqft $422

MLS Listing ID 24193395

Half Baths 1

Year Built 1936

Annual Tax Amount $20,793

Lot Size 0.280 Acres

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

Location

State CT

County Fairfield

Zoning CN

Interior

Interior Features Security System

Heating Hot Air, Zoned

Cooling Central Air

Flooring Tile, Wall-to-Wall Carpet, Wood

Exterior

Exterior Feature Gutters, Lighting, Pole Sign, Door Sign

Parking Features Paved, Off Street Parking, Parking Lot

Utilities Available Electric, Gas, Telephone, Cable Available

Roof Type Asphalt Shingle,Flat

Building

Lot Description Dry, Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Others

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Listed by Bob Jr Virgulak • Century 21 AllPoints Realty
Noah Gates

Noah Gates

Team Leader

+1(203) 464-7429

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526 Newfield Avenue