Potential Development Site Available 4675-4749 Main St 70,000 SF 100% Leased Office Building Bridgeport, CT 06606 $7,800,000 ($111.43/SF)

INVESTMENT HIGHLIGHTS

  • Ideal for medical/ office or development site

EXECUTIVE SUMMARY

Commerce Park is situated only a ½ mile south of the Merritt Parkway (exit 48) and the Westfield Shopping Mall in Trumbull, Connecticut. it is 2 miles north of Hartford Healthcare - St. Vincent’s Hospital and 4 miles from Bridgeport Hospital which is affiliated with Yale New Haven Hospital.
The buildings are home to multiple medical physicians and groups, laboratories, and a former bank building with drive-up teller. Historically, the park has been at an average occupancy of 90% over the past 20 years.
Parking: 5/1000
ZONING Municipal Zone Designation, mixed use Educational/Medical Zone (MU-EM) Zoning allows 50% coverage (152,508 sq/ft)
Unique opportunity to own a potential development site currently housing a total of 70,000 square feet of Bridgeport space suitable for a variety of uses. Property houses four buildings on 7 acres in a prime area of Bridgeport. This sale can also include an additional 4.75 acres of adjoining land for an additional $2 million.

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
70,000 SF
Building Class
C
Year Built
1969
Price
$7,800,000
Price Per SF
$111.43
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
70,000 SF
Building FAR
0.23
Lot Size
7.00 AC
Zoning
MU-EM - MU- EM Municipal Zone Designation Mixed use- education-medical
Parking
81 Spaces (1.16 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Property Manager on Site
  • Signage

PROPERTY TAXES

  • Listing ID: 27309550

  • Date on Market: 6/23/2022

  • Last Updated:

  • Address: 4675-4749 Main St, Bridgeport, CT 06606