541 Pacific StStamford, CT 06902

Property Details for 541 Pacific St

Year built

1910

Construction

FRAME

Lot size

0.11 AC

Property size (Sq ft)

5,280 SF

Zone code

RMF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:001 B:7290

APU

STAMM001B7290

Description

This exceptional 5,200 square foot retail space, located at 541-533 Pacific Street in Stamford, Connecticut, presents a unique investment opportunity. The property boasts a highly desirable location just blocks from the Stamford Train Station, making it easily accessible to both local residents and commuters. The building features a two-story design, offering ample space for a variety of retail uses or a restaurant. The entire 5,200 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. With 20 parking spaces available, customer convenience is ensured. Situated in Fairfield County, this property benefits from a strong local economy and a vibrant community. The strategic location near the train station offers significant foot traffic and visibility, making it an ideal spot for a business seeking high exposure. This single-tenancy building provides a rare opportunity to establish a thriving business in a prime Stamford location. The property's size and location make it suitable for a wide range of retail concepts, from boutiques and specialty shops to restaurants and cafes. Don't miss this chance to secure a prominent retail space in a thriving Connecticut market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,283,224

  6.5%

  $1,184,515

  7%

  $1,099,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,738,510

  Geo Method

  $1,738,510

• Alternative Use

  Use

  Valuation

  Residential

  $999,182

  Hospitality

  $915,246

  Educational

  $761,474

  Medical

  $787,662

  Retail

  $1,184,515

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.046

Longitude

-73.5378

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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