29 Bank StStamford, CT 06901

Property Details for 29 Bank St

Year built

1943

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.07 AC

Property size (Sq ft)

4,648 SF

Zone code

CCN

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:002 B:8588

APU

STAMM002B8588

Description

This exceptional three-story office building at 29 Bank Street in downtown Stamford, CT, offers a diverse range of office spaces for lease. Built in 1980, this Class B property boasts a total of 6,900 square feet and features both executive and traditional office layouts, making it suitable for a variety of businesses. The building currently has five available spaces ranging in size from 216 square feet to 1,476 square feet, providing flexibility for businesses of all sizes. Its prime location in the heart of downtown Stamford offers unparalleled convenience, with easy access to a vibrant array of restaurants and shops, all within walking distance. The multiple tenancy structure allows for a diverse community of businesses to thrive within the building. The property's address is 29 Bank Street, Stamford, CT 06901. This is an excellent opportunity to secure office space in a highly desirable and accessible location. The building's 6,900 square feet are spread across three stories, offering a variety of configurations to suit individual business needs. Interested parties are encouraged to inquire about available space and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,129,626

  6.5%

  $1,042,732

  7%

  $968,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,530,415

  Geo Method

  $1,530,415

• Alternative Use

  Use

  Valuation

  Residential

  $879,583

  Hospitality

  $805,694

  Educational

  $670,328

  Medical

  $693,381

  Retail

  $1,042,732

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.0527

Longitude

-73.5403

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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