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Versatile Bridgeport Commercial Opportunity

553-557 Center Street Extension, Bridgeport, CT 06604

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For Sale

$950,000

3,500 SF building on 0.18 acres, ideal for various uses.

Type:Commercial

Property size:

3,492 SF

Lot size:

0.18 Acres

Price / SF:

$272/SF

HighLights

3,500 SF single‑story building in a growing commercial corridor.
Flexible space suitable for various business types.
Excellent accessibility: minutes from Downtown Bridgeport, Route 8/25, I‑95, and transit.
On‑site parking on a 0.18‑acre lot.
Adaptable layout with large open areas and private rooms.
Ideal for investors or owner‑occupants seeking value‑add potential.

We can help!

Contact an agent

ALEXIA ANDRADE

For Sale

$950,000

3,500 SF building on 0.18 acres, ideal for various uses.

Type:Commercial

Property size:

3,492 SF

Lot size:

0.18 Acres

Price / SF:

$272/SF

Added:: Dec 9, 2025
Days on Market:: 208
Last Refresh:: Apr 5 at 9:07 pm

Property Features for 553-557 Center Street Extension

General Information

Standard status: Active
Size: 3,492 SF
Lot size: 0.18 Acres
Property subtype: Commercial

Building Details

Year Built: 1981

We can help!

Contact an agent

ALEXIA ANDRADE

Listing office US Asset Realty

Listing date Dec 9, 2025

Source Corcoran

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 US Asset Realty

HighLights

3,500 SF single‑story building in a growing commercial corridor.
Flexible space suitable for various business types.
Excellent accessibility: minutes from Downtown Bridgeport, Route 8/25, I‑95, and transit.
On‑site parking on a 0.18‑acre lot.
Adaptable layout with large open areas and private rooms.
Ideal for investors or owner‑occupants seeking value‑add potential.

Overview

This 3,500 SF single-story building is situated on a 0.18-acre lot and offers flexible space suitable for office, medical, daycare, wellness/fitness, creative studios, contractor use, or continued community/institutional operations. Currently configured as a community center, the layout includes large open areas and private rooms that can be adapted to suit many business types. On-site parking is available. The property is located minutes from Downtown Bridgeport, Route 8/25, I-95, and transit, offering accessibility for clients and staff. This property is located in a high-demand mixed-use area.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$88.0k	$25.20
− Vacancy	−$7.0k	−$2.02
EGI	$81.0k	$23.18
− OpEx	−$30.4k	−$8.69
NOI	$50.6k	$14.49

3,492 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$722.8K

$632.5K – $843.3K (±1% cap)

NOI $50,599 @ 7.0% cap · market cap 5.33%

Second Best

Office B

$690.2K

$603.9K – $805.2K (±1% cap)

NOI $48,311 @ 7.0% cap · market cap 5.09%

Theoretical Best

Office A

$996.7K

$872.1K – $1.16M (±1% cap)

NOI $69,768 @ 7.0% cap · market cap 7.34%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Bridgeport
County: Fairfield
State: Connecticut
Longitude: -73.201482
Latitude: 41.187916

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For sale
Mixed-use properties
CT
Bridgeport
06604
553-557 Center Street Extension

What type of property is this?

Mixed-use property - 3,500 SF building on 0.18 acres, ideal for various uses.

Where is this mixed-use property located?

The property is located at 553-557 Center Street Extension Bridgeport, CT.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: 3,500 SF single‑story building in a growing commercial corridor.; Flexible space suitable for various business types.; Excellent accessibility: minutes from Downtown Bridgeport, Route 8/25, I‑95, and transit.