526 Newfield Avenue, Stamford, CT 06905
sale
$2,295,000
|
Commercial-Other
Listed By CENTURY 21 AllPoints Realty
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
Dry, Level Lot
Dry, Level Lot
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Property Features
- Age: Over 50 Years Old
- Building Area: 5427.00 SF
- Cross Docks: N
- Flooring: Tile
- For Auction: N
- General: Security System
- Half Bathrooms: 1
- Lot Description: Level
- Lot Size In Text: 12196 Sq. Ft.
- MLSID: 24193395
- Parking Places: 21
- Price Upon Request: N
- Sewer: Public
- Style: Other Style
- Sublease: N
- Taxes: $20793.00
- Water: City Water
- Year Built: 1936
- Zoning: CN
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