1700 Park AveBridgeport, CT 06604

  • Other commercial real estate
  • 5.04 AC
For Lease

Property Details for 1700 Park Ave

Lot size
5.04 AC
Zone code
ORG
Property type
Other commercial real estate
APN
BRID M:40 B:1011 L:1-A
APU
BRIDM40B1011L1A

Description

This exceptional retail opportunity is located within the vibrant North Park Shopping Center in Bridgeport, Connecticut, Fairfield County. The space totals 4,635 square feet (53' x 87'), situated in a 53,741 square foot center boasting high visibility from Park Avenue and significant daily traffic counts of 13,200 vehicles along nearby Route 1 (North Avenue). The property benefits from recent renovations, including a new façade and updated pylon signage, ensuring a modern and attractive storefront. This multi-tenant center enjoys a strong tenant mix, including established national brands such as Save A Lot, Dollar Tree, M&T Bank, McDonald's, and more. The surrounding area offers a dense concentration of retail establishments, including Stop & Shop, Planet Fitness, ALDI, Walgreens, AutoZone, Dunkin', Goodwill, Subway, Dollar General, Chase, Key Food, Bass Pro Shops, Starbucks, TD Bank, Taco Bell, Wendy's, T-Mobile, The Sono Collection, and Mongers Market, creating a thriving commercial environment. The property's annual taxes are $14.53 per square foot. Contact us to discuss rental rates and further details. This is a rare chance to secure a well-located retail space in a high-traffic area with strong co-tenancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $41,562,588
    Hospitality
    $38,071,104
    Educational
    $31,674,712
    Medical
    $32,764,054
    Retail
    $49,271,776
1700 Park Ave, Bridgeport, Connecticut

Location Insight

City
Bridgeport
County
Fairfield
State
Connecticut
Latitude
41.183
Longitude
-73.205
CBSA code
14860
CBSA name
BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$417,114
$2,230,930
$7,368,930
$9,599,860
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FAQs

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