Three-Story Mixed-Use
1331-1335 E Main Street, Bridgeport, CT 06608
For Sale
Contact for pricing
Brick property with commercial space, multifamily apartments, and access to Route 1, Route 8, and Interstate 95.
Property Size10,687 SF
Lot Size0.17 Acres
Price / SF$138.02
Days on Market57
Property Features for 1331-1335 E Main Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Building Details
Buildings
Stories
Construction
Tenancy
Listing Agency:
Horvath & Tremblay
Listed By:
Dennis Kelleher · License #MA 9504385
(781) 776-4002
Source:
Crexi
Added: Sep 14
Changed: Nov 7
Last Checked: Nov 8 at 7:06AM
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 Horvath & Tremblay
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story brick mixed-use building combines two commercial units with eight residential apartments. The residential component includes two 3-bedroom/1-bathroom units, four 2-bedroom/1-bathroom units, and two 1-bedroom/1-bathroom units. The property contains 7,745 square feet of gross living area within 10,687 square feet of gross area.
The improvements sit on a 0.17-acre parcel along East Main Street in Bridgeport, with surface parking spaces available in an adjacent lot at 22 Berkshire Place. Regional access is provided by Route 1, Route 8, and Interstate 95, connecting the property with Bridgeport, Fairfield County, and the broader New York metropolitan area. The surrounding context includes employment centers, neighborhood retail corridors, and residential communities.
The improvements sit on a 0.17-acre parcel along East Main Street in Bridgeport, with surface parking spaces available in an adjacent lot at 22 Berkshire Place. Regional access is provided by Route 1, Route 8, and Interstate 95, connecting the property with Bridgeport, Fairfield County, and the broader New York metropolitan area. The surrounding context includes employment centers, neighborhood retail corridors, and residential communities.
Key Highlights
- Two commercial units and eight residential apartments
- Residential mix includes two 3‑bedroom/1‑bathroom, four 2‑bedroom/1‑bathroom, and two 1‑bedroom/1‑bathroom units
- 7,745 square feet of gross living area within 10,687 square feet of gross area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,597
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,571,940
$2.6M
Cap Rate 7%
$1,837,100
$1.8M
Cap Rate 9%
$1,428,856
$1.4M
Market Conditions
NOI Build-Up for 10,687 SF
Gross rent
$192.4K $18.00/SF
− Vacancy
−$8.7K −$0.81/SF
EGI
$183.7K $17.19/SF
− OpEx
−$55.1K −$5.16/SF
NOI
$128.6K $12.03/SF
Area
Bridgeport, CT
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,571,940
Cap Rate 7%
$1,837,100
Cap Rate 9%
$1,428,856
Alternative Uses
Best Use
Mixed Use
$2.21M
$1.94M – $2.58M
NOI $154,855 @ 7.0% cap · market cap 10.50%
Second Best
Retail
$1.84M
$1.61M – $2.14M
NOI $128,597 @ 7.0% cap · market cap 8.72%
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M
NOI $213,521 @ 7.0% cap · market cap 14.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
Explore this area
Business Placement
Demographics for 06608, CT
14,312
Population
4,915
Households
2.9
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
1.0 sq mi
ZIP Area
14,312
Density / Sq Mi
$43,008
Median Household Income
$30,524
Median Earnings
$1,311
Median Rent
$222,900
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Fairfield County, CT
Properties on Market for Mixed-use properties in Fairfield County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick property with commercial space, multifamily apartments, and access to Route 1, Route 8, and Interstate 95.
Where is this mixed-use property located?
The property is located at 1331-1335 E Main Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Two commercial units and eight residential apartments; Residential mix includes two 3‑bedroom/1‑bathroom, four 2‑bedroom/1‑bathroom, and two 1‑bedroom/1‑bathroom units; 7,745 square feet of gross living area within 10,687 square feet of gross area
