Sale of Property at 384 Elm Street

The City of Stamford, located in Fairfield County, Connecticut, is soliciting sealed competitive bids for the sale of a property located at 384 Elm Street. The property comprises 12,632 square feet and is situated at the intersection of Elm Street and Myrtle Avenue. This is a real estate transaction with a minimum bid threshold of $860,000.00, and the City will not pay any broker's fees related to the sale. The bid period runs from August 3, 2022, to August 30, 2022, with the bid opening scheduled for Tuesday, August 30, 2022, at 11:00 a.m. The original bid due date was extended from August 23, 2022, to August 30, 2022. Interested parties are required to submit sealed bids for the property, with the City seeking the highest qualified bid. The point of contact for any questions or clarifications is Kristopher Bottoni, who can be reached at 203-977-4108 or kbottoni@stamfordct.gov.

The solicitation does not specify any set-aside designations or restrictions on the types of organizations that can respond to the bid. There are no mentions of disadvantaged enterprises or specific vendor qualifications beyond the minimum bid threshold. No incumbent vendors or current contractors are listed, and there are no details about existing infrastructure or technology that would require integration. The estimated total value of the sale is $860,000.00, which represents the minimum acceptable bid. The property is being sold as-is, with no additional information provided about its current condition or potential development plans. Interested parties should carefully review the solicitation documents and conduct their own due diligence before submitting a bid for the property.