Listed by Vidal Wettenstein LLC
$8,900,000
Commerce Park
Details
Property Type Office, Mixed Use
Sub Type Executive Office
Square Footage 90,742
Tenancy Multi
Buildings 4
Stories 3
Acreage 5.14 - 6.98
Zoning RX2 Residential-Office Center, MU-EM Municipal Zone Designation Mixed use-education-medical
Parking Spaces 5 per 1,000 sq ft
Office | 90,742 SqFt
Marketing description
Vidal/Wettenstein, LLC has been retained to sell Commerce Park, a 7.00 acres, 90,742 square foot medical, office portfolio. The offering consists of four buildings situated in the Commerce Park office complex located on 4675, 4695-4697,4707,4747 & 4749 Main Street in Bridgeport, Connecticut. Commerce Park is situated only a 12 mile south of the Merritt Parkway (exit 48) and the Westfield Shopping Mall in Trumbull, Connecticut. It is 2 miles north of Hartford Healthcare 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, and a former bank building with drive-up teller.
The property is ideal for either a development of
the entire portion, or the front half closest to
Main Street. In addition to this parcel, there is an
adjoining 5 acre parcel contiguous with
Commerce Park that would be available for
either residential or self storage. The parcel is
owned by the same entity and would consider a
sale of both parcels totaling 12+ acres.
Investment highlights
- 4675 Main Street:
- Drains
- Paint/window panels
- Restroom update
- Rear landscaping
- Sprinkler system installed, rear of building
- 4695-4697 ΜMain Street:
- New HVAC units/heat exchanger
- Elevator installation
- HVAC zone dampers installed
- New sewage pumps
- Fire code compliance update
- 4747-4749 Main Street:
- Replace hot water heater
- Entire Complex:
- Various plantings/landscaping additions/alterations
- Repaving of lot/striping
- New sign at street entrance
- Miscellaneous:
- Replace carpeting in hallways/stairs
- Handicap accessible ramps
- Generator installation for sewage pumps
- Brick restoration/aluminum trim enhancement
- Landscaping/drainage modification
Listing Contacts
Listed by Vidal Wettenstein LLC
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