$800,000
( $256.16Per Sq Foot )
 $4,295 est/mo Sourced by Back At You

41 Bridgeport Avenue,Shelton, CT 06484

Shelton, CT 06484

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Description

Seize this exceptional commercial development opportunity with the acquisition of two adjacent properties at 41 and 45-47 Bridgeport Avenue, each separately deeded but owned by the same motivated seller. Currently featuring a single-family home and a two-family house, these commercially zoned properties come with approved plans for a mixed-use building consisting of four retail stores on the ground floor and four office spaces upstairs, with all plans available upon request. Alternatively, you can continue collecting rents from the existing properties and utilize them as you wish, or design and construct any commercial building that conforms to local planning and zoning regulations. Positioned on a prime, high-traffic thoroughfare with easy access to major highways and public transportation, this versatile investment offers immediate rental income and significant capital appreciation post-development. The seller is eager for a quick sale, presenting a unique opportunity for investors and developers to turn their vision into reality-act now to secure this prime commercial property.

Details

MLS#24063091
Listing TypeFor Sale
StatusActive
Year1920
Days On Site146
Listing Provided ByWilliam Raveis Real Estate | Jay Cannone

Features

Bath(s) 3 Total
SQ Feet3,123
BasementY
Units3
ZoningCB-2
Acreage0.34

Market Activity 06484

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Learn More About This Property

StateCT
CountyFairfield
CityShelton
Zip Code06484
AreaFairfield
Listing VS Median (in 06484)
Price:
$800,000
low | high
Med:
$457,500
92.8125% of Average
SqFt:
3,123
low | high
Med:
1,887
89.577329490874% of Average
$ / SqFt:
$256
low | high
Med:
$245
54.367283124235% of Average
On site:
146
low | high
Med:
40.500000
100% of Average
Sourced by Back At You
Listing Updated: April 4, 2025 at 11:21:08 AM PDT