439 Main St Bridgeport, CT 06608
Sponsored
74-Unit Apartment Building Potential
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 439 Main St
General Information
- Property type
- Land
- Lot Size
- 13,068 SF
HighLights
- 0.3‑acre development site in Bridgeport, CT, at 439 East Main Street.
- IHI‑zoned site with approved plans for a 74‑unit apartment building including ground‑floor retail, and a detailed construction budget.
- Extensive due diligence completed, including environmental and geotechnical studies, site plans, and structural engineering; a contractor quote is available.
- Prime location near Steel Pointe Harbor, Bridgeport Metro North train station, major employers, and I‑95, offering easy access to surrounding areas including New Haven, Stratford, Shelton, and Lower Fairfield County.
- Seven‑year tax abatement available, with potential for longer‑term incentives; projected 8.35% year‑one yield (excluding tax benefits) based on Bridgeport's low vacancy rate (3.9%) and stable rent growth.
- Asking price: $1,595,000.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Bridgeport
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.1815507
- Latitude
- 41.1807151
Nearby Similar for Sale
FAQs
What type of property is this?
Land - 74-Unit Apartment Building Potential
Where is this land located?
The property is located at 439 Main St Bridgeport, CT.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 0.3-acre development site in Bridgeport, CT, at 439 East Main Street.; IHI-zoned site with approved plans for a 74-unit apartment building including ground-floor retail, and a detailed construction budget.; Extensive due diligence completed, including environmental and geotechnical studies, site plans, and structural engineering; a contractor quote is available.
