Potential Development Site Available | 4675-4749 Main St
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Potential Development Site Available 4675-4749 Main St
70,000 SF 100% Leased Office Building Bridgeport, CT 06606 $7,800,000 ($111/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.
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
Property Type
Office
Property Subtype
Building Size
70,000 SF
Building Class
C
Year Built
1969
Price
$7,800,000
Price Per SF
$111
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
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PROPERTY TAXES
| Parcel Number | BRID-002530-000020J | Improvements Assessment | $2,390,500 |
| Land Assessment | $2,082,500 | Total Assessment | $4,473,000 |
PROPERTY TAXES
Parcel Number
BRID-002530-000020J
Land Assessment
$2,082,500
Improvements Assessment
$2,390,500
Total Assessment
$4,473,000
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Potential Development Site Available | 4675-4749 Main St
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