23 Ryan St 5,742 SF 83% Leased Flex Building Stamford, CT 06907 $1,425,000 ($248.17/SF) 5.37% Cap Rate

Turnkey Stamford Industrial / Flex Investment – Owner-User or Value-Add Opportunity
23 Ryan Street, Stamford, CT presents a rare opportunity to acquire a modern, income-producing industrial and flex property in one of Stamford’s most accessible commercial corridors. Built in 2007, this ±5,700 SF MG-zoned building features 4 units, 3 drive-in garage bays, dedicated storage space, and finished office areas, offering exceptional flexibility for a wide range of industrial and business uses.
The property is offered at $1.5M, reflecting a 5.1% cap rate on in-place income, with two vacant units available for immediate owner-occupancy or lease-up. Upon stabilization, the asset is projected to achieve a 9.5%+ pro forma cap rate, providing investors with strong cash flow upside in a supply-constrained Stamford industrial market.
Ideal for owner-operators seeking to run a business from one unit while generating rental income from the others, or for investors looking for a value-add industrial asset with limited capital expenditure risk. Strategically located between I-95 and the Merritt Parkway, the property offers excellent regional connectivity, strong tenant demand, and long-term appreciation potential.