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36 Larkin St 3,314 SF Industrial Building Stamford, CT 06907 $1,195,000 ($360.59/SF) 6.35% Cap Rate
Executive Summary
36 Larkin Street presents a rare opportunity to acquire a mixed
use asset in one of Fairfield County’s most desirable commercial
markets. The property combines warehouse/commercial space
with residential income, offering flexibility for both owner users
and investors. Warehouse space with office and yard space plus
three residential units attached. Great opportunity for a warehouse owner use or as an investment.
The warehouse space will be delivered vacant, allowing immediate occupancy for an owner
user or lease up at market rental rates. One drive in door plus
office space and yard space. The residential units are currently occupied
by month to month tenants at below market rents and can be
delivered vacant if desired, creating a significant value add
opportunity. This asset offers multiple paths to value creation
through owner occupancy, lease up of the commercial space,
residential rent growth, or a combination of both strategies.
use asset in one of Fairfield County’s most desirable commercial
markets. The property combines warehouse/commercial space
with residential income, offering flexibility for both owner users
and investors. Warehouse space with office and yard space plus
three residential units attached. Great opportunity for a warehouse owner use or as an investment.
The warehouse space will be delivered vacant, allowing immediate occupancy for an owner
user or lease up at market rental rates. One drive in door plus
office space and yard space. The residential units are currently occupied
by month to month tenants at below market rents and can be
delivered vacant if desired, creating a significant value add
opportunity. This asset offers multiple paths to value creation
through owner occupancy, lease up of the commercial space,
residential rent growth, or a combination of both strategies.
Property Facts
| Price | $1,195,000 | Rentable Building Area | 3,314 SF |
| Price Per SF | $360.59 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1910 |
| Cap Rate | 6.35% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.53/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.11 AC | Cross Streets | Research Dr |
| Zoning | M-G | ||
| Price | $1,195,000 |
| Price Per SF | $360.59 |
| Sale Type | Investment |
| Cap Rate | 6.35% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.11 AC |
| Rentable Building Area | 3,314 SF |
| No. Stories | 1 |
| Year Built | 1910 |
| Tenancy | Single |
| Parking Ratio | 4.53/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | Research Dr |
| Zoning | M-G |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | STAM-000000-000000-004398 | Improvements Assessment | $173,770 |
| Land Assessment | $333,610 | Total Assessment | $507,380 |
Property Taxes
Parcel Number
STAM-000000-000000-004398
Land Assessment
$333,610
Improvements Assessment
$173,770
Total Assessment
$507,380
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36 Larkin St