Bridgeport Mixed-Use Investment
For Sale
$1,000,000
1365 E Main St, Bridgeport, CT 06608
Mixed-use property with residential, commercial, and garage rental income.
Property Size5,909 SF
Lot Size0.11 Acres
Days on Market140
Property Features for 1365 E Main St
General Information
Standard status
Active
Size
5,909 SF
Lot size
0.11 Acres
Property subtype
Commercial
Building Details
Building Size
5,909 SF
Year Built
1909
Stories
3
Listing Agency:
J & S Realty Services, LLC
(203) 767-8586
Listed By:
Bee Love
(203) 767-8586
Source:
Elliman
Added: Mar 26
Changed: Aug 8
Last Checked: Aug 8 at 6:29AM
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 J & S Realty Services, LLC
Investment Insights
Based on property information with market context.
This mixed-use property in Bridgeport's East End offers an income-generating opportunity with multi-stream revenue potential. The property features three residential apartments, a commercial storefront, and a detached three-car garage that is capable of generating additional rental income. The property is located within walking distance of bus lines, supermarkets, the library, and local restaurants. Commuters will appreciate the convenient access to major highways. The property's location offers high visibility near amenities and transit.
Key Highlights
- Multi‑stream income potential from 3 residential units, 1 commercial space, and a 3‑car garage
- High‑visibility location in Bridgeport's East End
- Detached 3‑car garage offers additional rental income
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,621
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,712,420
$1.7M
Cap Rate 7%
$1,223,157
$1.2M
Cap Rate 9%
$951,344
$951.3K
Market Conditions
NOI Build-Up for 5,909 SF
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.
Gross rent
$148.9K $25.20/SF
− Vacancy
−$11.9K −$2.02/SF
EGI
$137.0K $23.18/SF
− OpEx
−$51.4K −$8.69/SF
NOI
$85.6K $14.49/SF
Area
Bridgeport, CT
Vacancy
8.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,712,420
Cap Rate 7%
$1,223,157
Cap Rate 9%
$951,344
Alternative Uses
Best Use
Mixed Use
$1.22M
$1.07M – $1.43M
NOI $85,621 @ 7.0% cap · market cap 8.56%
Second Best
Retail
$1.02M
$888.8K – $1.19M
NOI $71,103 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,059 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,292
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
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with residential, commercial, and garage rental income.
Where is this mixed-use property located?
The property is located at 1365 E Main St Bridgeport, CT.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Multi‑stream income potential from 3 residential units, 1 commercial space, and a 3‑car garage; High‑visibility location in Bridgeport's East End; Detached 3‑car garage offers additional rental income
