71-79 Wood Ave 8,622 SF 100% Leased Retail Building Bridgeport, CT 06605 $2,076,870 CAD ($240.88 CAD/SF)
INVESTMENT HIGHLIGHTS
- 100% Occupied Mixed Use 1st FLR Retail w/ Apartments Above
- Old Building Razed in 2023 above standard finishes through out.
- Engineered, Wired, and Plumbed for additional 3rd story plus full basement plumbed for marketplace business expansion
EXECUTIVE SUMMARY
EAC Properties is proud to exclusively present 71-79 Wood Avenue in Bridgeport. Situated in the heart of Bridgeport, this property offers existing cash flow and a prime location in an up-and-coming neighborhood. This stand-alone building is a testament to functionality and versatility. The newly opened Halal market first floor. The space is .11 acre lot with gross building size of 6,436 SF. Additional 2,000 SF available in the basement. Mixed-use building, 2 residential apartments on 2nd floor, rental income on track to $100K, newly renovated apartments with above standard finishes, easy access to I-95, routes 8 & 15, and public transportation.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
8,622 SF
Building Class
C
Year Built/Renovated
2009/2023
Price
$2,076,870 CAD
Price Per SF
$240.88 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.10 AC
Zoning
O-R - Office/Retail
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Restaurant
- Air Conditioning
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | BRID-001132-000043 | Improvements Assessment | $386,852 CAD (2024) |
| Land Assessment | $110,143 CAD (2024) | Total Assessment | $496,995 CAD (2024) |
