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602 Union Ave

4,038 SF 100% Leased Retail Building Bridgeport, CT 06607 $500,000 ($124/SF)

Executive Summary

Prime Corner Location for Your Business: Ready-to-Go Restaurant with Storage!
Attention investors, restaurateurs and business owners! This exceptional corner lot boasts a prime location just 0.8 miles (a quick 2-minute drive) from the bustling new mixed-use development (construction currently underway) at Steelpointe Harbor, guaranteeing high visibility and foot traffic.
This versatile property offers the perfect combination of functionality and minimal upfront investment. The 0.13-acre corner lot sits at the intersection of Union Ave and Connecticut Ave, providing excellent exposure for your business. The existing building features a dedicated restaurant space, perfect for setting up your culinary dream. Additionally, a convenient garage provides ample storage for equipment and supplies.
Move-in ready with minimal capital expenditure items required, this property allows you to focus on what matters most – your business! It's equipped with natural gas for efficient heating, a reliable HVAC unit ensuring year-round temperature control, and a robust 400-amp electrical service to handle your power needs.
Don't miss this incredible opportunity to establish your business in a prime location with everything you need to thrive! Contact us today to discuss details and/or schedule a viewing.
Spaces are currently occupied but tenants may not renew leases. Please contact agent to set up call with owner for more details on the property.
Property being sold as-is, where-is. Buyer to do their own due-diligence.
Owner and agent are related.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,038 SF
Building Class
C
Year Built
1920
Price
$500,000
Price Per SF
$124
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.74
Land Acres
0.13 AC
Opportunity Zone
Yes
Zoning
ORS
Frontage
122 FT on Union Avenue

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BRID-000709-000001
Land Assessment
$34,110
Improvements Assessment
$94,320
Total Assessment
$128,430
  • Listing ID: 32366891

  • Date on Market: 7/6/2024

  • Last Updated:

  • Address: 602 Union Ave, Bridgeport, CT 06607

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