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Turnkey Variety Store For Sale

367 Orange Street, Bridgeport, CT 06607

For Sale
$235,000
Pending

Fully equipped convenience store in high-traffic location near I-95.

Property Size1,146 SF
Lot Size0.08 Acres
Days on Market542

Property Features for 367 Orange Street

General Information

Standard status Pending
Size 1,146 SF
Lot size 0.08 Acres
Property subtype Commercial

Site & Location

Neighborhood East End

Taxes and HOA fees

Annual Taxes $4,612

Amenities

Central air
Composition Roof
Hot Air Heating
Level Lot
Wall Unit Cooling

Building Details

Year Built 1956
Listing Agency: YellowBrick Real Estate LLC
Listed By: JESSICA EDWARD · License CT RES.0829445
Source: Corcoran
Added: May 20, 2025 Changed: Aug 8 Last Checked: Aug 25 at 6:59AM

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 YellowBrick Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

This is a prime opportunity to own a fully equipped convenience store in a high-visibility, high-traffic location. Situated near I-95 on the Bridgeport/Stratford line, the property benefits from excellent exposure and accessibility. The store for sale includes all coolers, store fixtures, equipment, and current inventory. The 1146-square-foot building is positioned in a busy commercial area near major transportation routes, ensuring strong foot and vehicle traffic. This turnkey operation allows for immediate revenue generation with everything already in place. This ready-made opportunity has significant upside potential for experienced operators or entrepreneurs looking to enter the retail market.

Key Highlights

  • High‑Traffic Location: Situated near I‑95 on the Bridgeport/Stratford line, ensuring excellent exposure and accessibility.
  • Turnkey Operation: Includes all coolers, store fixtures, equipment, and current inventory for immediate revenue generation.
  • Fully Equipped Convenience Store: Ready‑made opportunity for experienced operators or new entrepreneurs.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,842
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,840 $316.8K
Cap Rate 7%
$226,314 $226.3K
Cap Rate 9%
$176,022 $176.0K
Market Conditions
NOI Build-Up for 1,146 SF
Gross rent
$22.0K $19.20/SF
− Vacancy
−$880 −$0.77/SF
EGI
$21.1K $18.43/SF
− OpEx
−$5.3K −$4.61/SF
NOI
$15.8K $13.82/SF
Area
Bridgeport, CT
Vacancy
4.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,840
Cap Rate 7%
$226,314
Cap Rate 9%
$176,022

Alternative Uses

Best Use
Specialty Retail
$226.3K
$198.0K – $264.0K (±1% cap)
NOI $15,842 @ 7.0% cap · market cap 6.74%
Second Best
Retail
$197.0K
$172.4K – $229.8K (±1% cap)
NOI $13,790 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$327.1K
$286.2K – $381.6K (±1% cap)
NOI $22,897 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Layne Lubrications Consultant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06607, CT

8,690
Population
2,696
Households
3.2
Avg Household Size
33
Median Age
7%
College-Educated
75%
High-School Grad
1.2 sq mi
ZIP Area
7,242
Density / Sq Mi
$49,555
Median Household Income
$32,000
Median Earnings
$1,398
Median Rent
$218,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Grocery and convenience stores in Fairfield County, CT

$116 Jul
$183 Aug
$197 Sep
$197 Oct

Properties on Market for Grocery and convenience stores in Fairfield County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Eagle Custom Displays — 115 Bruce Ave, Stratford, CT 06615

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Fully equipped convenience store in high-traffic location near I-95.
Where is this grocery and convenience store located?
The property is located at 367 Orange Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: High‑Traffic Location: Situated near I‑95 on the Bridgeport/Stratford line, ensuring excellent exposure and accessibility.; Turnkey Operation: Includes all coolers, store fixtures, equipment, and current inventory for immediate revenue generation.; Fully Equipped Convenience Store: Ready‑made opportunity for experienced operators or new entrepreneurs.
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