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704-724 East Main And 30 Walter St, Bridgeport, 06608

Commercial/Investment - Investment, Residential Income, Retail, Other For Sale

$399,000

Beds
Baths
12,152Sqft
.53Acres
2019Built
126DOM
MLS® #: 170216516
Active, 126 Days on Market

CALLING ALL BUILDERS AND DEVELOPERS! APPROVED MIXED USE LEVEL CORNER LOT IS READY TO BUILD! PROJECTED ANNUAL GROSS INCOME $294,780!! APPROVALS ARE FOR A 3-STORY MIXED-USE BUILDING THAT CONSISTS OF 2 FLOORS OF A TOTAL OF 13 TWO-BEDROOM APARTMENTS, OVER 4,052 SF OF RETAIL THAT WAS APPROVED FOR 4 UNITS WITH PARKING FOR 25 CARS. 172' FRONTAGE ON EAST MAIN STREET. LOCATION IS JUST 1/4 MILE FROM I-95 AND LESS TO RTE 8 EXIT 3. * THIS IS A 4 PARCEL LOT CONSISTING OF COMBINED ACREAGE OF .53 AND THE FOLLOWING 4 ADDRESSES: 704 EAST MAIN STREET - .20 OF AN ACRE; 716 EAST MAIN STREET, .08 OF AN ACRE; 724 EAST MAIN STREET, .15 OF AN ACRE AND 30 WALTERS STREET, .10 OF AN ACRE. TOTAL TAXES SHOWN ON LISTING OF $6,793 AS A PARCEL OF LAND. * THIS IS COMMERCIAL VACANT LAND THAT HAS AN APPROVAL FOR MIXED-USE RESIDENTIAL APARTMENT AND COMMERCIAL RETAIL.PROJECTED INCOME IS AS FOLLOWS: 800-1200 SF APARTMENTS RANGING FROM $1400 - $1600 PER UNIT. RETAIL OF 4,052 SF WOULD BE $15 psf. PROJECTED NET INCOME: $255,147!!!

Essential Information

MLS® #: 170216516
Price: $399,000
Bathrooms: 0.00
Square Footage: 12,152
Acres: 0.53
Year Built: 2019
Type: Commercial/Investment
Sub-Type: Investment, Residential Income, Retail, Other
Status: Active

Community Information

Address: 704-724 East Main And 30 Walter St
Area: N/A
City: Bridgeport
County: Fairfield
State: CT
Zip Code: 06608

Amenities

Utilities: Gas, Telephone, Cable
Parking: Parking Lot
Garages: Parking Lot

Interior

Heating: Baseboard, Natural Gas
Cooling: Central Air, Zoned
# of Stories: 3

Exterior

Lot Description: Dry, Corner, Level Topography
Roof: Not Applicable
Construction: Frame

Additional Information

Date Listed: July 16th, 2019
Days on Market: 126
Zoning: MUP

Listing Details

Listing Office: Coldwell Banker Residential Brokerage

Financials

$/SqFt: $33

©2019 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.