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Commercial Building with Rental Units
For Sale
$1,200,000

71 Bridgeport Avenue, Milford, CT 06460

Commercial building featuring office space and residential rental units.

Property Size1,930 SF
Price / SF$229.84
Days on Market144

Property Features for 71 Bridgeport Avenue

General Information

Standard status Active
Size 1,930 SF
Property subtype Commercial
Lease Term Business Included YNN: No

Building Details

Building Size 1,930 SF
Year Built 1930
Listing Agency: Coldwell Banker Realty
Listed By: Sue Kopec-Jutcawitz · License #452508574
Source: Iverty
Added: Apr 2 Changed: Aug 22 Last Checked: Aug 23 at 8:03AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This commercial building features a first-floor office space and three rental units. The property includes 5.1 bathrooms, a two-car garage with upper-level storage, and 14 parking spaces. A whole-house generator is also included. The property has been well-maintained and has a history of successful use as a first-floor office. Preliminary plans are in development for a potential 27-unit expansion, subject to parking availability. The property is conveniently located within walking distance of restaurants and offers access to a major highway. The building has a size of 5221 square feet.

Key Highlights

  • Commercial building with first floor office and 3 rental units
  • 14 parking spaces
  • Potential for future development (preliminary plan for 27 units)

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Computer & Electronic Repair Food Market Barber Shop

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

488
Businesses Nearby

Demographics for 06460, CT

37,310
Population
17,800
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,009
Density / Sq Mi
$106,776
Median Household Income
$66,334
Median Earnings
$1,804
Median Rent
$372,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Commercial building featuring office space and residential rental units.
Where is this office building located?
The property is located at 71 Bridgeport Avenue Milford, CT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Commercial building with first floor office and 3 rental units; 14 parking spaces; Potential for future development (preliminary plan for 27 units)
More about this property
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