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    Two-Unit Commercial Building Near I-95 Title is generated by Realmo AI

    94 Albion St, Bridgeport, CT 06605

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    For Sale
    $325,000

    Two-unit commercial building near I-95 in an Opportunity Zone.

    Type:Commercial
    Property size:
    1,560 SF
    Price / SF:
    $208/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 4:04 pm

    Property Features for 94 Albion St

    General Information

    Standard status
    Active
    Size
    1,560 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Listing Contact
    Stephanie Rivera

    Listing agent Stephanie Rivera

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Stephanie Rivera

    HighLights

    • Prime location near I‑95, Stop & Shop, and the historic Black Rock district.
    • Located within an Opportunity Zone, offering potential tax benefits.
    • Versatile commercial space of approximately 1,560 square feet suitable for various business types.
    • Ample parking with on‑street options and a spacious rear lot.
    • Excellent accessibility and visibility for customers and staff.
    • High walk score (81) indicating convenient access to nearby amenities.

    Overview

    This two-unit commercial building offers an investment opportunity within an Opportunity Zone. The property is located near I-95, Stop & Shop, and the historic Black Rock district. The building provides approximately 1,560 square feet of commercial space, suitable for professional offices, retail, and service businesses. The layout is adaptable, allowing customization to suit operational needs. The property benefits from accessibility and visibility, with on-street parking for customers and a rear lot providing extra parking. The location has a bike score of 63, indicating it is bikeable, a walk score of 81, indicating it is very walkable, and a transit score of 47, indicating some transit options are available.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $34.3k $21.96
    − Vacancy −$5.5k −$3.51
    EGI $28.8k $18.45
    − OpEx −$7.2k −$4.61
    NOI $21.6k $13.83
    1,560 SF · lease $21.96/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $308.3K
    $269.8K – $359.7K (±1% cap)
    NOI $21,582 @ 7.0% cap · market cap 6.64%
    Second Best
    Retail
    $268.2K
    $234.6K – $312.9K (±1% cap)
    NOI $18,771 @ 7.0% cap · market cap 5.78%
    Theoretical Best
    Office A
    $445.3K
    $389.6K – $519.5K (±1% cap)
    NOI $31,168 @ 7.0% cap · market cap 9.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Cassou Beauty Supply ... (Bike/Boat/Book/etc) Store Plaza Mexico Lindo ... Food Market

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2174529
    Latitude
    41.1650345

    FAQs

    What type of property is this?
    Retail space - Two-unit commercial building near I-95 in an Opportunity Zone.
    Where is this retail space located?
    The property is located at 94 Albion St Bridgeport, CT.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Prime location near I‑95, Stop & Shop, and the historic Black Rock district.; Located within an Opportunity Zone, offering potential tax benefits.; Versatile commercial space of approximately 1,560 square feet suitable for various business types.
    More about this property
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