526 Newfield Avenue,Stamford, CT 06905
Stamford, CT 06905
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
Details
| MLS # | 24193395 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 74 |
| Listing Provided By | Century 21 AllPoints Realty | Bob Jr Virgulak |
Features
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 5,427 |
| Units | 3 |
| Zoning | CN |
| Acreage | 0.28 |
Interior
| Total Rooms | 0 |
|---|---|
| Cooling System | Central Air |
| Interior Features | Security System |
Exterior
| Exterior Features | Gutters, Lighting, Pole Sign, Door Sign |
|---|---|
| Roof Information | Asphalt Shingle, Flat |
| Foundation Type | Concrete |
| Flooring | Tile, Wall-to-Wall Carpet, Wood |
Parking
| Garage & Parking | Paved, Off Street Parking, Parking Lot |
|---|---|
| Parking Total Spaces | 21 |
Utilities
| Utilities Available | Electric, Gas, Telephone, Cable Available |
|---|---|
| Sewage System | Public Sewer Connected |
Taxes
| Tax Year | July 2025-June 2026 |
|---|---|
| Property Tax | 20793 |
Area Information
| State | CT |
|---|---|
| County | Fairfield |
| City | Stamford |
| Zip Code | 06905 |
| Area | N | A |
| Listing VS Median (in 06905) | |
Price: $2,295,000 low | high Med: $552,000 sqft: 5,427 low | high Med: 1,457 $ / sqft: $423 low | high Med: $386 On site: 74 low | high Med: 44 | |
Market Activity 06905
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Learn More About This Property
| State | CT |
|---|---|
| County | Fairfield |
| City | Stamford |
| Zip Code | 06905 |
| Area | N | A |
| Listing VS Median (in 06905) | |
Price: $2,295,000 low | high Med: $552,000 sqft: 5,427 low | high Med: 1,457 $ / sqft: $423 low | high Med: $386 On site: 74 low | high Med: 44 | |