Potential Development Site Available

70,000 SF | 100% Leased | Office Building | Bridgeport, CT 06606 | $7,800,000 ($111/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $7,800,000

Sale Condition
Redevelopment Project
Property Type
Office
Square Feet
70,000 SF
Price / Square Foot
$111

Listing Contacts

Bruce Wettenstein
Bruce Wettenstein
Verified Profile
  • Property Info

Property Overview

Commerce Park is situated only a ½ mile south of the Merritt Parkway (exit 48) and the Westfield Shopping Mall in Trumbull, Connecticut. it is 2 miles north of Hartford Healthcare - St. Vincent’s Hospital and 4 miles from Bridgeport Hospital which is affiliated with Yale New Haven Hospital.
The buildings are home to multiple medical physicians and groups, laboratories, and a former bank building with drive-up teller. Historically, the park has been at an average occupancy of 90% over the past 20 years.
Parking: 5/1000
ZONING Municipal Zone Designation, mixed use Educational/Medical Zone (MU-EM) Zoning allows 50% coverage (152,508 sq/ft)
Unique opportunity to own a potential development site currently housing a total of 70,000 square feet of Bridgeport space suitable for a variety of uses. Property houses four buildings on 7 acres in a prime area of Bridgeport. This sale can also include an additional 4.75 acres of adjoining land for an additional $2 million.

Property Details

Class
C
Year Built
1969
Stories
1
Property Subtype
Medical
Lot Size (sq. ft)
304,920 SF

Highlights

  • Ideal for medical/ office or development site

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