Mixed-Use Asset in North
900 Wood Ave, Bridgeport, CT 06604
For Sale
Contact for pricing
Multi-building, mixed-use asset with retail and residential units.
Property Size3,453 SF
Price / SF$282.36
Days on Market289
Property Features for 900 Wood Ave
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Baldwin Pearson & Company
Listed By:
Daniel Shawah · License CT RES.0829215
(203) 521-6348
Source:
Crexi
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 8 at 2:48PM
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 Baldwin Pearson & Company
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Investment Insights
Based on property information with market context.
Located in the North End of Bridgeport, CT, 900 Wood Avenue is a multi-building, mixed-use property situated along a highly visible and heavily trafficked corridor. The property features three fully occupied retail storefronts and one two-bedroom residential apartment. The retail units benefit from street frontage and are occupied by long-term tenants. Select lease expirations and flexible tenancy on two retail units allow for potential owner-user occupancy of one or more retail units, while maintaining strong in-place income. The property contains 3,453 square feet and offers immediate, stable cash flow with upside potential through rent growth across all units.
Key Highlights
- Immediate, stable cash flow from fully occupied retail storefronts and a residential apartment.
- High‑visibility location on a heavily trafficked corridor in the desirable North End of Bridgeport.
- Meaningful upside potential through rent growth across all units.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,034
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,680
$1.0M
Cap Rate 7%
$714,771
$714.8K
Cap Rate 9%
$555,933
$555.9K
Market Conditions
NOI Build-Up for 3,453 SF
Gross rent
$87.0K $25.20/SF
− Vacancy
−$7.0K −$2.02/SF
EGI
$80.1K $23.18/SF
− OpEx
−$30.0K −$8.69/SF
NOI
$50.0K $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%
$1,000,680
Cap Rate 7%
$714,771
Cap Rate 9%
$555,933
Alternative Uses
Best Use
Mixed Use
$714.8K
$625.4K – $833.9K
NOI $50,034 @ 7.0% cap · market cap 5.13%
Second Best
Retail
$593.6K
$519.4K – $692.5K
NOI $41,550 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$985.6K
$862.4K – $1.15M
NOI $68,989 @ 7.0% cap · market cap 7.08%
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
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 29%
Apparel 9%
Electronics 3%
McDonald's
Dining
26,682 visits/mo
0.4 miles
M&T Bank
Shops & Services
6,185 visits/mo
0.4 miles
Mobil
Shops & Services
5,906 visits/mo
0.3 miles
Snipes
Apparel
2,480 visits/mo
0.4 miles
MadRag
Apparel
1,724 visits/mo
0.4 miles
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
$231,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Fairfield County, CT
Properties on Market for Mixed-use properties in Fairfield County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-building, mixed-use asset with retail and residential units.
Where is this mixed-use property located?
The property is located at 900 Wood Ave Bridgeport, CT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Immediate, stable cash flow from fully occupied retail storefronts and a residential apartment.; High‑visibility location on a heavily trafficked corridor in the desirable North End of Bridgeport.; Meaningful upside potential through rent growth across all units.
