Baldwin Pearson & Co., Inc. is excited to present 340-350 Main Street, Bridgeport, CT — an exceptional investment opportunity in one of Connecticut’s most dynamic investment markets. This distinguished brick, corner building commands immediate attention, offering a compelling mixed-use asset in Bridgeport’s rapidly evolving and expanding South Side. The property features nine generously sized two-bedroom apartments above three fully occupied ground-floor retail units, delivering a rare blend of residential upside and stable commercial income from day one.
Select Property Highlights:
Tremendous Value-Add Upside : All residential units currently occupied on month-to-month leases at rents below 50% of current market rates, presenting an extraordinary opportunity to dramatically increase cash flow.
Stable, Proven Retail Income : All three ground-floor commercial spaces are occupied by long-standing tenants, providing a reliable income foundation with meaningful room for future rent growth.
Premium Apartment Configuration : The property’s residential component is comprised entirely of large two-bedroom units , among the most sought-after floor plans in today’s rental market, ensuring broad tenant demand.
Fantastic Location: Situated in Bridgeport’s thriving and emerging South Side, the property sits within walking distance to Seaside Park, the University of Bridgeport, the Hartford HealthCare Amphitheater, Metro-North railroad, and downtown Bridgeport — a excellent mix of amenities that drives consistent tenant demand
Seller Financing Option: Owner is open to considering creative financing option
Solid Building Mechanicals:Heating units, hot water heater, electric panel and roofing are all in great condition
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