Mixed-Use Property with
For Sale
Contact for pricing
156 Columbia Street, Bridgeport, CT 06604
Two-use building combining commercial space with four tenant-occupied apartments and on-site parking.
Property Size2,400 SF
Price / SF$332.92
Days on Market93
Property Features for 156 Columbia Street
General Information
Standard status
Active
Size
2,400 SF
Class
C
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
RC
Occupancy
80%
Investment Type
Institutional
Additional Details
Multifamily Units
4
Building Details
Year Built
1941
Buildings
1
Units
5
Tenancy
Multi
Listing Agency:
Century 21 Galvez
Listed By:
Alexander Galvez · License #REB.0792388
(718) 409-6300
Source:
Crexi
Added: Jul 8
Changed: Sep 24
Last Checked: Oct 7 at 12:26PM
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 Century 21 Galvez
Investment Insights
Based on property information with market context.
This mixed-use property contains 2,400 square feet of space and was built in 1941. The layout includes commercial interiors described as suitable for retail, office, or service-oriented operations, along with four apartments that are occupied by tenants. On-site parking serves both the commercial and residential components.
The property is located at 156 Columbia Street in Bridgeport, Connecticut, with access to major roadways. It carries RC zoning, supporting its mixed-use classification. The combination of commercial space and four residential units creates a single-property configuration with both business and rental components.
The property is located at 156 Columbia Street in Bridgeport, Connecticut, with access to major roadways. It carries RC zoning, supporting its mixed-use classification. The combination of commercial space and four residential units creates a single-property configuration with both business and rental components.
Key Highlights
- 2,400‑square‑foot mixed‑use property in Bridgeport, CT
- Four on‑site apartments with tenants in place
- Commercial space suitable for retail, office, or service‑oriented use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,776
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,520
$695.5K
Cap Rate 7%
$496,800
$496.8K
Cap Rate 9%
$386,400
$386.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$60.5K $25.20/SF
− Vacancy
−$4.8K −$2.02/SF
EGI
$55.6K $23.18/SF
− OpEx
−$20.9K −$8.69/SF
NOI
$34.8K $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 Rate 5%
$695,520
Cap Rate 7%
$496,800
Cap Rate 9%
$386,400
Alternative Uses
Best Use
Mixed Use
$496.8K
$434.7K – $579.6K
NOI $34,776 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$403.3K
$352.9K – $470.5K
NOI $28,231 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$685.0K
$599.4K – $799.2K
NOI $47,951 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 06604, CT
30,003
Population
12,972
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
74%
High-School Grad
3.2 sq mi
ZIP Area
9,376
Density / Sq Mi
$45,794
Median Household Income
$34,706
Median Earnings
$1,419
Median Rent
$231,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-use building combining commercial space with four tenant-occupied apartments and on-site parking.
Where is this mixed-use property located?
The property is located at 156 Columbia Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2,400‑square‑foot mixed‑use property in Bridgeport, CT; Four on‑site apartments with tenants in place; Commercial space suitable for retail, office, or service‑oriented use
