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775 Washington Ave & 89 Catherine St 2 Properties Offered at $2,373,064 CAD in Bridgeport, CT

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INVESTMENT HIGHLIGHTS

  • ***** FOR SALE. OR. LEASE *****
  • SPECIAL REDUCED TAX STATUS
  • CORNER LOT W/TRAFFIC LIGHT
  • INDUSTRIAL/ RETAIL / OFFICE/ MEDICAL / MULTI-USE
  • FRONTAGE PROPERTY
  • VERY HIGH EXPOSURE [73k CARS DAILY]

EXECUTIVE SUMMARY

******* FOR SALE OR LEASE *******
*USAGE: Industrial, Retail, Medical, Office, Mixed Use
*TO PURCHASE: Two (2) parcels must be purchased together, which abut each other (775 Washington Ave. & 89 Catherine St). Call owner for details.
*SPECIAL TAX BENEFIT: The Washington Ave property has a 'Special Use Permit', allowing for commercial/industrial use, but only taxed at residential rates (approx $10k Yr). This special status provides an approx SAVINGS of about $22k annually +/-.
*TO LEASE: If leasing, both or either properties are available to lease.
* LOCATION:
* This is a 'Prime Frontage Location'.
* Located entering the downtown business district.
* As per the State's last traffic report, volume is VERY HIGH at approximately 73,000 cars per day (including Rt-25 South).
* Located on corner lot w/traffic-light and adjacent to the RT-25 highway.
* Easy on/off to both I-95 & RT-25.
* Close to both Bus & Train Stations.
* Police & Fire Departments less than 1/2-mile away.
* Adjacent property is also available (89 Catherine Street), which can accommodate a 5,200 sqf addition.
RENT:
* $5,800 (NNN) per month [Washington Ave] (for Commercial/Industrial use).
* $6,600 (NNN) per month [Washington Ave] (for other than Industrial use [requires ZBA approval]).
* $2,000 (NNN) per month [Catherine St] (Lot for additional Parking, Building Extension or 2-Family House)
EXTERIOR BUILDING / LOT:
* Building is in 'excellent' condition.
* Building has 5600 sqf of usable space.
* Main Lot size is .37 AC. (Adjacent Catherine Street lot is an additional .13 AC)
* Recent installed (50-year) shingled roofing over the 'front office' portion of the building.
* Front Office space is constructed of 'Wood & Architectural Block'.
* Workshop space is 'Steel & Block', recently coated with specialized textured concrete coating (see photos).
* (1) loading dock with 12' overhead door and (1) 12' Drive-In overhead door.
* Lot is completely enclosed with security fencing.
* Automatic Night Setback security flood lighting.
* Lot provides 20 +/- parking spaces. (Adjacent Catherine Street can provide 12 to 15 spaces.)
* Lot has (2) entry/exit gates.
UPPER MAIN RECEPTION OFFICE:
* Upper offices have been renovated (see photos).
* Main Reception area has beautiful 11' sheet-rock ceiling with recessed lighting, crown moulding and can easily fit (3) deck stations, plus filing cabinets.
* (3) closets and (1) kitchenette.
* (1) recently renovated (handicap accessible), bathroom.
* Office is fully carpeted and wired for Ethernet usage.

UPPER PERIMETER OFFICES:
* (3) large offices.
* 9' +/- drop ceilings.
* Each office can fit two (2) desk stations, plus file cabinets.
* Fully carpeted and wired for Ethernet usage.
* (2) offices have been newly renovated & painted.
* (1) office is ready for new paint.
LOWER LEVEL OFFICES:
* Concrete floors have been coated/sealed with TreadPlex coating.
* Square footage is approximately the same size as the upper front office space above.
* Currently divided into (4) offices.
* Larger office can easily accommodate (3) desk stations and filing cabinets.
* Second largest offices can accommodate (2) desk stations each.
* (2) large storage closets and (2) smaller closets.
* Lower Level is in partial-renovation condition (Tenant to complete/alter for fit-up as desired).
UPPER & LOWER OFFICE HVAC:
* Recently installed 98% +/- ultra high efficiency gas furnaces and ultra high efficiency 18-SEER A/C systems.
* Both systems have high efficiency air-filters and outside air-intakes to meet ASHREA's fresh-air building code.
WORKSHOP AREA:
* Recently painted with Loxon concrete coating (see photos).
* Approx. 3,000 sq./ft with 18' +/- ceiling height to 'roof-deck'.
* (2) large storage lofts.
* (2) roof exhaust fans.
* (3) ceiling paddle fans.
* (2) 12' overhead door (one of which accesses loading dock).
* Heated with 100% high-efficiency suspended infrared gas-fired heaters.
* Wrap-around electrical outlets.
* The workshop/building has 400 amp electrical service to accommodate most any fabrication requirement.
SECURITY:
* Recently installed security system with 24/7 off-site monitoring.
* System includes motion, fire, smoke, heat, water/flood detection.
* Exterior lot has 'automatic night setback flood lighting'.
* Protected by 8' +/- fencing & sliding gates.
GENERAL INFORMATION:
* Masonry construction. * Fluorescent lighting (interior).
* City water. * Halogen security lights w/night set-back (exterior).
* City sewer. * Natural gas heating & Ultra High Efficiency A/C.
* 400 amp electrical service. * NO hazardous material ever stored on site.
EXPANDABILATY:
* The adjacent lot (89 Catherine St), may also be available for additional parking or building expansion.
* Build expansion up to an additional 5200 sqf. +/- (2-floors).
* Additional parking approximately 10 to 15 spaces.
EMERGENCY SERVICES:
* Police Department: 4-blocks away 10 min walk.
* Fire Department: 4-blocks away 10 min walk.
* EMS: 1 mile 18 min walk.
* Bridgeport Hospital: 2 miles 5 min drive.
* St. Vincent's Hospital: 1.2 miles 3 min drive.
COMMUTER INFORMATION:
* Bridgeport Train Station: .09 miles (18 min walk).
* Bridgeport Bus Station: .09 miles (18 min walk).
* Port Jefferson Ferry Terminal: 1.1 miles (23 min walk).
* Sikorsky Memorial Airport: 4.0 miles (10 min drive).
* Tweed New Haven Airport: 22.3 miles (38 min drive).
* Westchester County Airport: 35.0 miles (56 min drive).
FREIGHT & RAIL:
* NY-Red Hook Container Terminal: 63.5 miles (93 min drive).
* Sheppard's Incorporated: 22.5 miles (41 min drive).

PROPERTY FACTS

Price $2,373,064 CAD
Price / SF $423.76 CAD / SF
Sale Conditions
Bulk/Portfolio Sale
  • Lease Option
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,600 SF
Total Land Area 0.49 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
775 Washington Ave, Bridgeport, CT 06604 Flex 5,600 SF 1986 -
89 Catherine st, Bridgeport, CT 06604 Land 0.13 AC - -
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  • Listing ID: 38404735

  • Date on Market: 2025-11-11

  • Last Updated:

  • Address: 775 Washington Ave & 89 Catherine St, Bridgeport, CT

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