Retail Space with Handicap
For Sale
$849,900
4143 Main Street, Bridgeport, CT 06606
COMMERCIAL - Bridgeport, CT
Property Size4,240 SF
Lot Size0.11 Acres
Price / SF$200.45
Days on Market53
Property Features for 4143 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ORR
Parking
11
Interior features
Handicap Design
Exterior features
Sidewalk,Lighting,Pole Sign
Accessibility
Accessible Approach with Ramp
Lot features
Corner Lot, Level Lot
Directions
Upper Main Street
Subdivision
North End
Standard status
Active
Size
4,240 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
11396
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
Handicap Ramps
Enclosed Entrance
Building Details
Year built
1958
Floors in Building
3
Flooring type
Tile, Slate
Listing Agency:
RE/MAX Right Choice · RE/MAX International
(203) 268-1118
Listed By:
Paul Ferreira · License #RES.0756087
(203) 209-8111
Added: Jun 17
Changed: Aug 4
Last Checked: Aug 8 at 12:06PM
MLS# 24184692
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail space includes handicap design and an accessible approach with ramp, plus an enclosed entrance. The main level totals 1,330 square feet and is built out with multiple work areas, including a cutting area, dryer area, washing area, restroom, and dedicated waiting and break areas, along with tanning beds, storage, and additional color and laundry rooms. Cooling is provided by central air, with slate and tile flooring throughout. The property is zoned ORR and includes public water and public sewer.
The upper level includes an unfinished portion, and the lower level is described as semi-finished, with dedicated storage areas. Exterior features include sidewalk and lighting, a pole sign, handicap ramps, and parking for 12 cars.
The upper level includes an unfinished portion, and the lower level is described as semi-finished, with dedicated storage areas. Exterior features include sidewalk and lighting, a pole sign, handicap ramps, and parking for 12 cars.
Key Highlights
- Zoned ORR
- Central air cooling
- 1,330 SF built out on the main level
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
$51,020
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
6.00%
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%
$1,020,400
$1.0M
Cap Rate 7%
$728,857
$728.9K
Cap Rate 9%
$566,889
$566.9K
Market Conditions
NOI Build-Up for 4,240 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
$76.3K $18.00/SF
− Vacancy
−$3.4K −$0.81/SF
EGI
$72.9K $17.19/SF
− OpEx
−$21.9K −$5.16/SF
NOI
$51.0K $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 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%
$1,020,400
Cap Rate 7%
$728,857
Cap Rate 9%
$566,889
Alternative Uses
Best Use
Retail
$728.9K
$637.8K – $850.3K
NOI $51,020 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,713 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
204k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Dining 21%
Apparel 20%
Shops & Services 15%
Stop & Shop
Groceries
52,401 visits/mo
0.5 miles
Marshalls
Apparel
40,027 visits/mo
0.4 miles
McDonald's
Dining
39,346 visits/mo
0.2 miles
Price Rite
Groceries
36,007 visits/mo
0.4 miles
Citgo
Shops & Services
13,135 visits/mo
0.1 miles
Demographics for 06606, CT
48,427
Population
19,002
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
82%
High-School Grad
5.3 sq mi
ZIP Area
9,137
Density / Sq Mi
$68,538
Median Household Income
$35,128
Median Earnings
$1,434
Median Rent
$272,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Zoned ORR with central air, public utilities, and parking for 12 cars.
Where is this retail space located?
The property is located at 4143 Main Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Zoned ORR; Central air cooling; 1,330 SF built out on the main level
