$475,000
$475,000
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7,404 SqFt
SOLD DATE : 12/08/2021
Key Details
Sold Price $475,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,404 sqft
Price per Sqft $64
MLS Listing ID 170397379
Sold Date 12/08/21
Year Built 1892
Annual Tax Amount $10,397
Lot Size 3,920 Sqft
Property Description
Great investment opportunity to own a commercial mixed-use property on the West End of Bridgeport with close proximity to downtown, and highway access. Top floor has 4 spacious 1BR units with full bath. Potential opportunity to utilize roof terrace to create lounge area for tenants. Main floor has a convenience store, and a restaurant with large storage in the basement. All units have occupied tenants with rent paid in a timely manner. Property is located on a corner lot with great foot traffic, located near Curiale School and Laurelwood Place Apartments. Good income producing commercial property with Gross Income of $73,200, NOI of $56,603, and Cap Rate of 12%.
Location
State CT
County Fairfield
Zoning ORN
Interior
Interior Features Public Restrooms, Window Display
Heating Baseboard, Hot Water
Cooling Central Air, Wall Unit
Flooring Tile, Wood
Exterior
Exterior Feature Gutters, Lighting, Sidewalk
Parking Features On Street Parking
Utilities Available Electric, Gas, Phone Available, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Level Lot
Story 2
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Oswaldo Torres • Las Americas Real Estate