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1290 Summer Street

Stamford, CT 06905
  • $4,000,000
  • STATUS: Closed
  • ON SITE: 761 Days
  • MLS #: 170550302
Sold - 01/22/2025
$4,000,000
SOLD - 01/22/2025
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 42,921
    SQFT
  • $93
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1981
County:
Area:

School Ratings & Info

Description

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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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-03-17T13:10:09.06.
www.nextlvlteam.com/homes/136968878
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1290 Summer Street Stamford, CT 06905

  • Price: $6,300,000
  • Status: Closed
  • On Site: 761 Days
  • Updated: 58 min ago
  • MLS #: 170550302
0
Beds
0
Baths
0
½ Baths
0.8
Acres
42,921
SQFT
$93
$/SQFT
1981
Built
Neighborhood:
Mid City
County:
Fairfield
Area:
Stamford
Property Description
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.
Exterior Features

Exterior Features LightingSidewalk Garage And Parking Attached GarageCovered GarageParking Lot Lot Description Level Lot Parking Spaces Covered 75 Parking Spaces Uncovered 43 Parking Total Spaces 118 Road Frontage Description Municipal StreetPaved Road Roof Information Rubber

Interior Features

Ceiling Height 9 Cooling System Central AirHeat Pump Heat Type Hot Air Interior Features ElevatorPublic Restrooms Number Of Docks 0 Number Of Restrooms 8 Sq Ft Total 42181

Property Features

Accessibility Features Exterior Curb CutsHandicap ParkingMultiple Entries/Exits Ada Compliant YN Yes Agent Owner YN No Bank Owned Property No Business Included YN No Elevation Certificate YN No Flood Zone YN No Foundation Type Concrete Gross Annual Expense 604563 Gross Annual Income 901000 Heat Fuel Type Natural Gas Location Downtown Net Operating Income 296437 New Construction Type No/Resale Number Of Tenants 11 Potential Short Sale No Potential Use Medical/Wellness/Office/Res Present Use Medical/Wellness/Office Sewage System Public Sewer Connected Subdividable YN Yes Tax Year July 2024-June 2025 Total Number Of Units 16 Utilities Available ElectricGasCable Water Source Public Water Connected Zoning MZN/CI

Listing information © 2025 Smart MLS
Listing provided courtesy of Patricia Rattray of William Pitt Sotheby's Int'l: (203) 968-1500.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-03-17T13:10:09.06.
 
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