Property profile

1368-1370 East Main St Bridgeport, CT 06608

FOR SALE
Storefront properties
Property ID
US15-Q000875
11,220 SF Built 1940
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Property summary

AI-generated overview

Amazing Investment Opportunity! At 1368-1370 E. Main Street there are Four 3-Bedroom units (5,504 sq ft) plus 2,904 sq ft of Retail Space on the street level. The same tax card also includes 376 Berkshire Ave., a storage facility adjacent to 1368-1370 E. Main Street. Unfinished Basement 2,556 sq ft for storage. So in total, there are 4 residential units (renting $1,850; $1,700; $1,500; $1,800); Two Retail Units (1368 & 1370 E. Main), currently operating as a Liquor Store, plus a Storage Facility rented at $750/month - all income producing. Retail Business is included in the total price, however liquor inventory is additional. Residential units have been updated with newer kitchens. Off-street parking, gas heat and cooking. Tenants pay all utilities. Residential income approx - $7,600./month Retail potential income approx - $3,000./mo. currently, the Liquor Store is owner operated. Buyer has the option to continue operating or sell the business separately.

Property profile

Verified
Property type Storefront properties
Year built 1940
Total area 11,220 SF
UPID US15-Q000875

Cap rate & NOI

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

Location

1368-1370 East Main St Bridgeport, CT 06608
Bridgeport metro
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Value estimations

Realmo proprietary · 4 methods
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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