Mixed-Use 12-Unit
1086 East Main Street Bridgeport, CT 06608
1086 East Main Street, Bridgeport, CT, 06608
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For Sale
Contact for pricing
Fully tenanted building with 6 residential and 6 commercial units, plus a three-year tax phase.
Property Size8,536 SF
Price / SF$316.31
Days on Market56
Property Features for 1086 East Main Street
General Information
- Standard status
- Active
- Size
- 8,536 SF
- Property subtype
- Retail, Multifamily, Mixed Use
Building Details
- Year Built
- 1910
Listing agency
KNG REALTY, LLC
Listed by
Ken Ginsberg · License #CT REB.0261354
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:50PM Checked: Jul 22 at 12:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KNG REALTY, LLC
Investment Insights
Based on property information with market context.
This fully tenanted mixed-use property contains 12 total units, with 6 residential units and 6 commercial units within the same building. The configuration supports day-to-day occupancy across both living and storefront space.
The property is located on East Main Street in Bridgeport, CT. The frontage and setting along a main thoroughfare provide convenient access for commercial tenants and consistent visibility for the storefront components.
For buyers seeking an income-producing asset with both residential and commercial components, the balance of unit types can be attractive from an operational standpoint. The listing also notes a three-year tax phase with current taxes under $15,000 per year, which may help underwrite ownership costs during the initial period. With all units currently occupied, the building offers immediate operational continuity for a new owner.
The property is located on East Main Street in Bridgeport, CT. The frontage and setting along a main thoroughfare provide convenient access for commercial tenants and consistent visibility for the storefront components.
For buyers seeking an income-producing asset with both residential and commercial components, the balance of unit types can be attractive from an operational standpoint. The listing also notes a three-year tax phase with current taxes under $15,000 per year, which may help underwrite ownership costs during the initial period. With all units currently occupied, the building offers immediate operational continuity for a new owner.
Key Highlights
- Fully tenanted 12‑unit mixed‑use building on E Main Street in Bridgeport
- Includes 6 residential units and 6 commercial units
- Year built: 1910
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.6k | $18.00 |
| − Vacancy | −$6.9k | −$0.81 |
| EGI | $146.7k | $17.19 |
| − OpEx | −$44.0k | −$5.16 |
| NOI | $102.7k | $12.03 |
8,536 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.47M
$1.28M – $1.71M
NOI $102,714 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$1.43M
$1.26M – $1.67M
NOI $100,407 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M
NOI $170,545 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Racing Cutz
Barber Shop
WAH Chimney Sweep
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully tenanted building with 6 residential and 6 commercial units, plus a three-year tax phase.
Where is this apartment building located?
The property is located at 1086 East Main Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Fully tenanted 12‑unit mixed‑use building on E Main Street in Bridgeport; Includes 6 residential units and 6 commercial units; Year built: 1910
