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Investment Highlights

  • This former credit union building offers an ideal mixture of public-facing space and offices across two floors.
  • Situated in a spectacular Hope Street location, the property is ideal for an owner user or for possible development.

Executive Summary

Coldwell Banker Commercial presents 242 Hope Street in Stamford, CT. This 4,520 SF building was formerly Cornerstone Community Credit Union that includes an ATM machine, bank teller floor, vault, two private offices, ADA Compliant restroom, and second floor office space with a conference room. The building is conveniently located on the bustling Hope Street in the Glenbrook neighborhood of Stamford, and just minutes from Stamford Hospital. The building also provides easy access to I-95 and Merritt Parkway.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,520 SF
Building Class
B
Year Built/Renovated
1981/2009
Price
$2,051,400 CAD
Price Per SF
$453.85 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.17 AC
Zoning
CN - C-N Neighborhood Business Commercial Zone
Parking
5 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
50’ on Hope St

Amenities

  • 24 Hour Access
  • Atrium
  • Banking
  • Controlled Access
  • Conferencing Facility
  • Corner Lot
  • Courtyard
  • Dedicated Turn Lane
  • Fenced Lot
  • Food Court
  • Freeway Visibility
  • Mezzanine
  • Pool
  • Property Manager on Site
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Skylights
  • Tenant Controlled HVAC
  • Waterfront
  • Kiosk/Cart Space
  • Skyway
  • Enclosed Mall
  • Drive Thru
  • Wheelchair Accessible
  • Roof Terrace
  • Storage Space
  • PATH
  • Car Charging Station
  • Plus 15
  • Monument Signage
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet
  • Smoke Detector
  • Backup Power / Generators
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Bank of America
Grade A Market
FRESHCO
Patriot Bank
Fairfield County Bank
Bubbakoo's Burritos
Chase Bank
YogaSix
Starbucks
Stop N Shop Supermarket

Property Taxes

Property Taxes

Parcel Number
STAM-000001-000000-006299
Land Assessment
$624,451 CAD
Improvements Assessment
$684,780 CAD
Total Assessment
$1,309,231 CAD
  • Listing ID: 32306331

  • Date on Market: 2024-07-01

  • Last Updated:

  • Address: 242 Hope St, Stamford, CT 06906

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