2212 Main
Bridgeport, CT 06606

Property

Ownership: Commercial
Type: Commercial
Bathrooms: 6
Area: 1126 sq ft

Financials

Price:$1,500,000
Annual Taxes:$19,963
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Nick Mastrangelo of Coldwell Banker Realty

Package Offering ! Two connected buildings situated on one parcel, offering a unique mixed use investment opportunity with both commercial and residential income, and an adjacent lot included.

Description

Package Offering! Two connected buildings situated on one parcel, offering a unique mixed-use investment opportunity with both commercial and residential income, and an adjacent lot included. Building One is an approximately 6,700 SF commercial building featuring a large open floor plan and is currently occupied by a church tenant. Building Two is an approximately 4,418 SF three-family residence featuring a new roof, with all units currently rented below estimated market value, creating future income-growth potential. Annual income from all four occupied units is approximately $106,000. The property also includes two detached garages that are currently not rented, providing additional potential income. Located in the RX1 Residential-Office Corridor Zone, the property offers flexibility for a variety of residential, office, professional, institutional, and service uses, subject to municipal approvals. With multiple existing income streams, below-market residential rents, flexible commercial space, ample paved parking, a new roof on the residential building, and additional untapped income potential, this property presents an attractive opportunity for an investor or owner-user seeking a diversified income-producing asset with long-term upside.

Amenities

  • Central Air
  • Elementary School -
  • High School -
  • Intermediate School -

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