566 Elm Street—Under Contract

Cushman & Wakefield’s Capital Markets Group is pleased to offer for sale a 1-acre development parcel located at 566 Elm Street in Stamford, Connecticut. The site is a portion of St. Mary of Stamford Parish’s 5.99-acre property and would require a subdivision. St. Mary’s is also open to an alternative site layout provided it does not impact the parking needs of the parish—site lines depicted herein are for illustrative purposes only.

The site, which is prominently situated adjacent to St. Mary’s Church and its Parish Center, has 210’± of frontage on Elm Street and is set within Stamford’s Multiple Family Residence Design District (R-MF). This flexible zoning would allow for redevelopment of the site into numerous as-of-right permitted uses including apartments, senior housing, school/childcare and professional offices.

Located within a minute of both Route 1 and Exits 7 and 8 of Interstate 95, the site benefits from immediate access to the area’s major roadways, the Stamford Central Business District (CBD), Harbor Point and the surrounding employment centers. The site is also adjacent to a CT Transit bus stop and within a mile of the Stamford Transportation Center, which provides direct non-stop access to Manhattan in only 50 minutes. In addition to having optimal transportation access, the site’s location is also set within walking distance of a grocery store and numerous restaurants, and only a half mile from Cummings Park and Beach.