434 Grand StreetBridgeport, CT 06604MLS Number 99130495

  • Price: $999,999
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Federal 30-year interest rate: 4.03% last updated on Apr 27, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.7Acreage
  • 1910Year Built
  • 36,265Square Feet
  • $26,348Gross annual expense

Driving Directions

10.20% CAP RATE! GREAT development and/or investment opportunity! 434 Grand Street is a Manufacturing Building w/9 total units, 6 occupied. All manufacturing building, storage and auto detail restoration shop. Current tenants are willing to stay. Manufacturers, Art Dealers, Lighting Company, etc. The building has a 7 ton elevator for moving products up to the 2nd and 3rd floors. The 2nd and 3rd floors have multiple windows on 3 of 4 walls. This makes for a great penthouse/loft style space. Fenced in parking lot for 22 cars, security, sprinklers, 4 drive-in + 3 docks w/levelers, 14' - 16' ceilings. Renovated in 2006, new roof, some windows and additional updates in 2016.

Listed by Jeanette Politano of Coldwell Banker Residential Brokerage

More Info

Basic Information

  • Broker NameColdwell Banker Residential Brokerage
  • List Price$999,999
  • MLS Number99130495
  • Property TypeCommercial For Sale
  • StatusACT
  • TownBridgeport
  • Gross annual expense$26,348
  • Gross annual income$128,364
  • Commercial catagoryOther
  • Also for leaseYes

Interior

  • Interior features
    • Elevator
    • Fire Suppression System
    • Freight Elevator
    • Loading - Dock Height
    • Loading - Grade
    • Security System

Exterior

  • Exterior featuresLevelers
  • Colorbrick

Water Body

  • WaterfrontNo

Other

  • Documents AvailableLegal Description
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableYes
  • Net operating income102015
  • Space is leasedNo
  • Present useManufacturing/Office/Warehouse

Tax Information

  • Assessed value$406,680
  • Taxes$22,111
  • Tax YearJuly 2017-June 2018
  • Milrate base54
  • Milrate total54.37

Building

  • FoundationConcrete, Masonry
  • RoofAsphalt Shingle, Tar/Gravel
  • Year Built1910
  • Building ConstructionBrick, Metal, Concrete
  • AtticNo
  • Garages0
  • FlooringConcrete, Vinyl, Wood
  • Ceiling height16
  • Overhead doors3
  • Garage Parking InfoParking Lot, Paved
  • Square Feet36,265
  • Stories3
  • Dock4
  • Additional space availableYes

Auction

  • Bank owned propertyNo

Basic Information

  • Agent ID, 18689

Location

  • CountyFairfield
  • LocationDowntown, Urban
  • StateCT
  • Zip06604

Property

  • Acreage0.7
  • Lot DescriptionCorner Lot, Level Lot
  • LotimprovementsFence - Partial
  • Parking Spaces22
  • Parking spaces uncovered22
  • FloodzoneNo
  • Business includedNo
  • Road Frontage DescriptionPaved Road, Municipal Street
  • SwimmingpoolNo

Utilities

  • Heat SystemHot Air
  • Heating FuelOil
  • Utilities availableCable Available, Electric, Gas Available
  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected
Fairfield Office
Office: 203-259-8326
Vanderblue Team Office Headquarters
1499 Post Rd
Fairfield, CT 06824

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Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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