1937 W Main St

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1937 W Main St

Stamford, CT 06902
Asking Price
$25.00M
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property listed for sale at $25,000,000
  • Asset situated in Stamford, Connecticut zip code 06902
  • Located within a major retail corridor in the region
  • Positioned to serve the dense surrounding residential population
  • Suitable for various large-format commercial and retail operations

What's Special

Priced at $25,000,000, 1937 W Main St represents a significant retail asset acquisition in Stamford, Connecticut. This property is situated within the 06902 zip code, a region known for its robust commercial density and proximity to major transit corridors serving the greater New York metropolitan area. Stamford maintains a stable economic climate, driven by a diverse corporate base and high-density residential demand that supports consistent consumer traffic for retail operators. The scale of this site allows for a variety of strategic business operations, including large-format retail, neighborhood service centers, or mixed-use redevelopment strategies that cater to the evolving needs of the local community. Investors and businesses seeking a foothold in this competitive Connecticut market will find the location well-positioned to leverage the area's ongoing commercial growth. The property offers substantial visibility and access for tenants or owner-occupiers looking to establish a permanent presence in a highly established retail corridor.

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NOI
$80,000
Cap Rate
0.32%
DSCR
0.05
Underwater
Cash-on-Cash
-18.72%
Monthly Payment
$123,686.36
Annual Cash Flow
$-1,404,236.314

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