914 East Main Street is a 1.53-acre mixed-use property with strong in-place income and significant long-term residential redevelopment potential. The property previously received Zoning Board approval in 2008 for a mixed-use residential development that contemplated approximately 124 residential units in an 11-story building with ground floor retail. While the approvals date back to 2008 and a new developer would likely update the plans to reflect current design and market conditions, they establish a clear precedent for high-density residential development on the site. Key highlights: • Already zoned RH (High Density Multifamily) – no rezoning required • Prior approvals contemplated a 120+ unit residential building with ground floor retail • Current NOI of approximately $336K (2025 actuals), rising to ~$465K on current scheduled rents • Stabilized pro forma NOI of ~$753K with no density increase • All tenants are currently month-to-month, allowing full repositioning control • 45,742 SF across multiple buildings on 1.53 acres plus an additional 0.53 acres of supplemental CT DOT leased parking • Transit oriented location with direct bus service and proximity to the Stamford Train Station