111 Grove Street, Stamford, CT 06901 (MLS # 24151409)

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PRICE $849,000 BEDS 4 BATHS 5 HOME SIZE 3,667 sqft LOT SIZE 9,148 sqft

Prime downtown Stamford redevelopment opportunity on a 0.21-acre lot located in an RMF zone. This 3,667 sq ft four-family building is being marketed primarily for its land value and long-term development potential, making it well-suited for builders, developers, and investors seeking to create new residential product in a high-demand urban location. The property is configured with four 1-bedroom, 1-bath units, with the fourth unit offering access to a finished attic that includes an additional full bathroom, providing flexibility in future design or redevelopment concepts. The site presents strong potential for townhouse-style or multi-unit redevelopment, subject to buyer due diligence, zoning verification, and City of Stamford approvals. Positioned in the heart of downtown, the property is located just minutes from the train station, Harbor Point, dining, shopping, and major commuter routes. Surrounded by ongoing residential and mixed-use development, this site offers a strategic opportunity to develop modern housing in one of Stamford's most active and growing areas, supporting strong long-term demand for both rental and for-sale housing.