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Property profile

1832 State St Ext Bridgeport, CT 06605

OFF-MARKET
Warehouses
11,728 SF 0.25 ac lot Built 1978
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Property summary

AI-generated overview

This exceptional Class A industrial warehouse, located at 1832 Commerce Drive in Bridgeport, CT, offers 11,728 square feet of space on a 0.25-acre lot. Currently, 5,864 square feet on the first floor is available for lease. This space boasts a 1,104 square foot showroom with full HVAC and restroom, a 600 square foot office area with two storage closets and a rear exit, and a 4,160 square foot warehouse featuring a 12'H x 12'W drive-in door and an additional restroom. The first floor is handicapped accessible. The building, constructed in 1978, is a two-story structure with a 9-foot ceiling height and includes a freight elevator. Ample parking is provided with 8 designated spaces and additional room for vehicles. The property benefits from a prime location, offering excellent visibility and accessibility at the corner of Commerce Drive and Ash Street. It's situated in a Residential-Office Centers (RX2) zone, near I-95 (Exit 25), a Bridgeport Transit Bus Stop, and the Fairfield Metro Train Station. Nearby amenities include various retailers and restaurants, enhancing the property's appeal. The building has 200 amps of power. This property presents a unique opportunity for businesses seeking a strategic location in a thriving area. The second floor (5,864 SF) is currently occupied.

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 11,728 SF
Lot 0.25 ac (10,890 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1832 State St Ext Bridgeport, CT 06605
Bridgeport metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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