For Sale
$38,000,000

191 Congress St Bridgeport, CT 06604

Brand-new Bridgeport mixed-use property.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use development in Bridgeport, Connecticut, presents a compelling investment opportunity. Located at 191 Congress St, 06604, this newly constructed property encompasses 98,000 square feet and features 97 units, comprising 92 residential apartments and 5 retail spaces. The apartments offer a diverse range of one, two, and three-bedroom layouts, catering to a broad tenant base. The property's strategic location near major highways, the Stratford train line, and universities ensures high occupancy rates and strong rental demand. A significant advantage is the existing 25 leased residential units, generating immediate income. All necessary town approvals are in place, eliminating potential delays. The building boasts modern amenities including underground parking, central air conditioning, and gas heating. Furthermore, a Temporary Certificate of Occupancy (TCO) has already been obtained, minimizing any potential hurdles. This turnkey investment requires no renovations, updates, or further inspections, offering a seamless transition for the new owner. Priced at $38,000,000, this property represents a rare opportunity to acquire a high-performing asset in a thriving Fairfield County location.

Highlights

  • $38,000,000 asking price.
  • 98,000 square foot mixed-use building with retail and residential components.
  • 97 units total (92 residential, 5 retail).
  • $387.76 price per square foot.
  • Located at 191 Congress St, Bridgeport, CT 06604.

Property Details for 191 Congress St

Property type
Retail properties, Mixed-use properties
Square Feet
98,000 SF
Units
97

Location Insight

City
Bridgeport
County
Fairfield
State
Connecticut
Latitude
41.1818176
Longitude
-73.1910143

FAQs

What type of property is this?
Retail property - Brand-new Bridgeport mixed-use property.
Where is the retail property located?
The property is located at 191 Congress St Bridgeport, CT.
What is the asking price?
The asking price for this property is $38,000,000.
What are key features of this property?
This property features: $38,000,000 asking price.; 98,000 square foot mixed-use building with retail and residential components.; 97 units total (92 residential, 5 retail).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
191 Congress St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message