Rare opportunity to acquire a fully leased, 5, 427sqft income producing medical office building situated in one of Stamford's most established commercial corridors.


Property

Website:https://www.nestseekers.com/5648495
Address:
526 Newfield
Stamford, CT 06905
Ownership: Commercial
Type: Commercial
Bathrooms: 1
Area: 5427 sq ft

Financials

Price:$2,295,000
Annual Taxes:$20,793

Description

Rare opportunity to acquire a fully leased, 5,427sqft income-producing medical office building situated in one of Stamford's most established commercial corridors. Held under continuous ownership since 1989, the property provides investors immediate cash flow, long-term lease stability, scheduled rental increases & minimal management responsibilities through its favorable lease structure. Prime location, strong tenant roster & well-maintained footprint, this property appeals equally to passive investors seeking reliable returns & medical owner-users looking for long-term value. Property & Investment Highlights | *Tenant Roster: Fully occupied by 3 established medical & professional service tenants: Optician (Vision Care), Dentist & Chiropractor. *Building Size & Layout: Approximately 4,950 sq. ft. of income-producing medical office space. Note: Building features slab/grade construction with no basement space. *Parking & Land: Includes 22 total parking spaces (21 main spaces, plus 1 additional space located on the 13'1" parcel along the north side of the building on Newfield Ave). *Walk-Up Attic Storage: Features a large walk-up attic w/center ceiling heights reaching 12 feet. It provides dedicated, designated storage areas for all 3 tenants: Dental & Chiropractic Storage: ~12' 15' per space. Vision Care Storage: Double-sized storage area (~24' 15'). *Financial Stability: Immediate cash flow generated by a resilient, medical-focused tenant mix w/structured rental increases

Amenities

  • Central Air
  • Door Sign
  • Elementary School -
  • Gutters
  • High School -
  • Intermediate School -
  • Lighting
  • Pole Sign
  • Security System

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Bob Jr Virgulak of Century 21 AllPoints Realty