1290 Summer Street Stamford, CT $ 6,300,000
1290 Summer Street
$ 6,300,000
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1290 Summer Street

Stamford, CT, 06905
$ 6,300,000
Baths8.0 Sq 42,181

Monthly Estimate*

$ 44,007

1290 Summer Street, Stamford, CT 06905 - Image 1
1290 Summer Street, Stamford, CT 06905 - Image 2
1290 Summer Street, Stamford, CT 06905 - Image 3
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Studio

Commercial Property for sale in Stamford, CT

for $6,300,000 with 8 full baths. This 42,181 square foot building was built in 1981 on a lot size of 0.8.

Rare opportunity to own this Stamford Wellness/Medical/Surgical Pavilion on Summer Street in the heart of Downtown Stamford, CT. This well maintained building is 41,153 square foot and 5 stories on .80 acres of land on 2 lots (1290 Summer St/189 Franklin St). Strategically located just a mile from both Stamford Hospital and Stamford Health Tully Center with easy access from I-95 and the Merritt Parkway. Ample on-site covered parking is available with a total of 118 parking spaces (43 exterior spaces, 20 covered spaces and 55 in the parking garage below the building). Most of the rear of the property is dedicated to parking and is an excellent opportunity for additional development. There is vehicle access from both Franklin and Summer Streets. Please note there are flexible spaces available for lease (approx 17K sf) noted in related listing #170518748.

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Commercial Pending

Price

$ 6,300,000

Bedrooms

Studio

Full Bath

8

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.8

Year Built

1981

Town/City

Stamford

MLS | Web ID

170550302

Features
General
Interior Features Elevator Public Restrooms
Exterior Features Lighting Sidewalk
Zoning MZN/CI
Year Built 1981
Neighborhood Mid City
Heater Type Hot Air
County Fairfield
Present Use Medical/Wellness/Office
Tax Year July 2023-June 2024
Location Downtown
Net Operating Income 296437
Property Type Commercial For Sale
Status Under Contract
Acres 0.8
Directions South on Summer between First and Oak
City Stamford
Handicap Features Exterior Curb Cuts Handicap Parking Multiple Entries/Exits
Street Name Summer
Sq Ft Total 42181
DOM 325
Video Tour Y/N 1
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Interior
Cooling System Central Air Heat Pump
Utilities Available Electric Gas Cable
Ceiling Height 9
Total Number of Units 16
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Exterior
Water Source Public Water Connected
Garage Parking Attached Garage Covered Garage Parking Lot
Lot Description Level Lot
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Internal Only
Street Number 1 1290
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* Excluded Features
List By
Patricia Rattray

Listing Agent

William Pitt Sotheby's Int'l

Broker

prattray@wpsir.com

Email

Affordability Calculator

$44,007
Per Month
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Monthly Principal & Interest
$44,007
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2023$6,300,000 -25.88% Price Down
2/14/2023$8,500,000 Listed Price

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1290 Summer Street, Stamford, CT, 06905 is a Commercial Property for sale at $6,300,000 with 42,181 sqft and a lot size of 0.8. 1290 Summer Street is a studio with 8.0 baths and was built in 1981. The property's zip code is 06905 which is in Stamford, CT