1032-34 Reservoir Ave Bridgeport, CT 06606
- Commercial real estate
- 4,503 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1032-34 Reservoir Ave
- Year built
- 1926
- Property size
- 4,503 SF
- Property type
- Commercial real estate
Description
This exceptional Bridgeport investment encompasses four parcels: 1032, 1034, and 1026 Reservoir Avenue, and 90 Rita Avenue, totaling 4,503 square feet. The property offers a unique blend of income-generating assets and future development potential. Two three-bedroom single-family homes are included, both in move-in ready condition, providing immediate rental income or owner-occupied options. A thriving liquor store contributes a consistent revenue stream, adding to the property's financial stability. The additional land parcel located behind 1026 Reservoir Avenue (also known as 90 Rita Avenue) presents significant opportunities for expansion or future development projects, allowing for increased property value and income generation. Taxes and assessments are combined for all components, providing a clear and comprehensive financial picture for potential investors. This package deal presents a rare chance to acquire a diverse portfolio of income-producing assets and development land in a prime Bridgeport location. The combined properties offer a compelling investment opportunity with multiple revenue streams and significant upside potential. The existing structures are in good condition and ready for immediate use, minimizing initial investment requirements.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bridgeport
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.1917
- Latitude
- 41.2147
