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1 Bridgeport Ave
Shelton, CT 06484
Office Property For Sale
Executive Summary
Attractive, well maintained 3 floor unit mixed-use building located on busy Bridgeport Avenue proximate to Rte 8, restaurants and shopping.
Strong traffic count at 17,000+/- cars per day.
Excellent signage w/desirable 13 car paved off-street lot.
Newer high quality vinyl shake siding. 3 gas furnaces & 3 central air units.
Gross income $57,000 +/- with 100% tenancy. A must see property for residential and commercial property investors.
Main level can possibly be available for owner-user.
1st level – 1BR apartment w/full bath: Rented for $1,100/month
2nd level – Currently massage therapy space w/ 2 half baths but w/ flexibility for alternate use: Rented for $2,150/mo.
3rd level – 2BR apartment w/full bath: Rented $1,500/month
Strong traffic count at 17,000+/- cars per day.
Excellent signage w/desirable 13 car paved off-street lot.
Newer high quality vinyl shake siding. 3 gas furnaces & 3 central air units.
Gross income $57,000 +/- with 100% tenancy. A must see property for residential and commercial property investors.
Main level can possibly be available for owner-user.
1st level – 1BR apartment w/full bath: Rented for $1,100/month
2nd level – Currently massage therapy space w/ 2 half baths but w/ flexibility for alternate use: Rented for $2,150/mo.
3rd level – 2BR apartment w/full bath: Rented $1,500/month
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
2,728 SF
Building Class
C
Year Built
1985
Price
$958,797 CAD
Price Per SF
$351.47 CAD
Cap Rate
8.14%
NOI
$78,073 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,364 SF
Building FAR
0.37
Lot Size
0.17 AC
Zoning
commercial - Commercial
Parking
9 Spaces (3.29 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | SHEL-000117B-000000-000004 | Improvements Assessment | $137,875 CAD |
| Land Assessment | $62,993 CAD | Total Assessment | $200,868 CAD |
Property Taxes
Parcel Number
SHEL-000117B-000000-000004
Land Assessment
$62,993 CAD
Improvements Assessment
$137,875 CAD
Total Assessment
$200,868 CAD
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