900 Wood Avenue
Fully occupied and cash flowing mixed use building in coveted North End Bridgeport
Marketing description
Baldwin Pearson & Co., Inc. is pleased to present 900 Wood Avenue Bridgeport, CT to the market. This well-positioned multi building, mixed-use asset is located along a highly visible, heavily trafficked corridor in the desirable North End of Bridgeport, making it an attractive opportunity for both investors and owner-users.
The property consists of three fully occupied retail storefronts and one two-bedroom residential apartment, providing immediate, stable cash flow with meaningful upside potential. Select lease expirations and flexible tenancy on two retail units also allow for potential owner-user occupancy of one or more retail units, while maintaining strong in-place income. The retail units benefit from exceptional street frontage and are occupied by long-term tenants, reinforcing the asset’s durability and income stability. 900 Wood Avenue offers investors immediate returns with the ability to enhance value through rent growth across all units.
Investment highlights
Significant upside potential on the residential unit. The unit is a two-bedroom apartment with large back yard and private parking. Two bedroom units in this area of Bridgeport are achieving $2,500+ per month
Prime North End location, featuring a neighborhood staple Wood’s End delicatessen in one of Bridgeport’s most sought-after rental submarkets
Expiring retail lease with the church tenant and a month-to-month lease with the furniture store provide flexibility to re-lease at higher market rents or accommodate owner-user occupancy
Entirely separately metered utilities, enhancing operational efficiency and reducing landlord expenses
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