929 Bedford StStamford, CT 06905

Property Details for 929 Bedford St

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.93 AC

Property size (Sq ft)

16,438 SF

Zone code

CB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:000 B:3083

APU

STAMM000B3083

Description

This exceptional Stamford, CT retail property, located at 907-949 Bedford St (corner of Hoyt St), offers 5,000 square feet of available space within a larger 16,000 square foot strip mall. Built in 1964 and renovated in 2000, the single-story building sits on a one-acre lot (54,362 sq ft) and boasts ample parking with 80 spaces. The property is zoned CB and features multiple suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 5,000 square feet currently available. The property's prime location in downtown Stamford ensures high visibility and foot traffic. This is an excellent opportunity for a variety of retail businesses seeking a well-established location with significant parking. The property's convenient access and high-traffic area make it an ideal investment for businesses looking to establish a strong presence in the thriving Stamford market. The existing building offers a solid foundation for immediate occupancy or potential redevelopment. Don't miss this chance to secure a prominent retail space in a bustling downtown area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,995,008

  6.5%

  $3,687,700

  7%

  $3,424,292

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,412,428

  Geo Method

  $5,412,428

• Alternative Use

  Use

  Valuation

  Residential

  $3,110,712

  Hospitality

  $2,849,396

  Educational

  $2,370,664

  Medical

  $2,452,195

  Retail

  $3,687,700

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.0616

Longitude

-73.5375

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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