934 Hope StStamford, CT 06907

This exceptional Class A restaurant property at 934 Hope Street in Stamford, Connecticut, presents a unique owner-user investment opportunity. Boasting 2,800 square feet of net rentable space, this single-tenant building sits on a 4,785 square foot lot and includes 12 parking spaces. Built in 1943 and extensively renovated in 2012, the property features a 1,408 square foot main level and a 1400 square foot basement, ideal for storage and inventory. Currently operating as a restaurant for over 25 years, it benefits from a loyal customer base and convenient access off Hope Street, near the Springdale Train Station. The property is zoned VC and offers a strong NOI of $101,500, resulting in a 7.00% cap rate. The asking price is $1,450,000, translating to $485 per square foot. This turnkey operation is ready for a new owner to step in and continue its success. The land value alone is $485 per square foot. This is a rare chance to acquire a well-established, profitable restaurant in a desirable Stamford location. The building is 100% occupied and offers significant potential for growth. The property's history as a successful Italian restaurant, combined with its prime location and ample parking, makes it an attractive investment for both seasoned restaurateurs and new business owners.