71-79 Wood Ave Bridgeport, CT 06605
This exceptional mixed-use property at 71-79 Wood Avenue in Bridgeport, Connecticut, presents a compelling investment opportunity. The 3,311-square-foot building, situated on a 0.11-acre lot, is a two-story structure currently housing a thriving ground-floor market and two renovated second-floor residential apartments. The property boasts a strong annual rental income exceeding $100,000. Recent renovations include a fully equipped, state-of-the-art restaurant space on the first floor and high-end finishes in the residential units above. The building is strategically positioned for convenient access to major transportation arteries, including I-95, Routes 8 and 15, and public transportation. Further expansion potential is evident in the engineered, wired, and plumbed infrastructure designed to accommodate a third story, and a full basement already plumbed for potential marketplace expansion. This Class B, multi-tenant property offers a blend of retail and residential uses, making it an ideal core+ investment. The asking price is $1,500,000. Rent bumps are included in the lease agreements. This is a rare opportunity to acquire a well-maintained, income-producing property in a rapidly developing area of Bridgeport.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.