2009 Summer StStamford, CT 06905

Property Details for 2009 Summer St

Year built

1984

Construction

STEEL FRAME

Lot size

0.39 AC

Property size (Sq ft)

16,686 SF

Zone code

MZN

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:003 B:6839

APU

STAMM003B6839

Description

This exceptional Stamford, CT office building at 2009 Summer St (cross street: 5th Street), offers a unique blend of classic charm and modern amenities. Built in 1984 and extensively renovated in 2023, this Class B property boasts 16,000 square feet across three stories, encompassing a variety of office spaces suitable for medical, creative, or traditional businesses. The building features one medical-style elevator, ensuring convenient access to all floors. Currently, there are multiple tenancies available, with a total of 2,235 square feet of vacant space. Individual suites range from 744 to 996 square feet, perfect for smaller businesses. Each suite includes attractive features such as 3-5 windowed offices, a conference room, a reception area, a kitchenette, and a private bathroom. The building sits on 2 acres of land and offers a ceiling height of 9.5 feet. The location is ideal, situated in the heart of walkable downtown Stamford, offering easy access to local amenities and transportation. A significant benefit is the inclusion of complimentary housekeeping services for all suites under 2000 square feet. The maximum contiguous space available is 944 square feet. This property presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located, and amenity-rich office space in a vibrant downtown setting. Zip code: 06905.

• CAP approach

  CAP return

  Valuation

  6%

  $4,055,280

  6.5%

  $3,743,336

  7%

  $3,475,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,494,086

  Geo Method

  $5,494,086

• Alternative Use

  Use

  Valuation

  Residential

  $3,157,644

  Hospitality

  $2,892,385

  Educational

  $2,406,430

  Medical

  $2,489,191

  Retail

  $3,743,336

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.0662

Longitude

-73.5443

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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