Pratt Read Corporation 1155 Railroad Ave 126,471 SF 100% Leased Industrial Building Bridgeport, CT 06605 $5,995,000 ($47.40/SF)

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to present a rare opportunity to acquire a landmark 126,471 SF high potential asset for $5,995,000. Strategically positioned on 2.88 acres directly along the I-95 corridor, this property offers unparalleled brand visibility to over 13,000 vehicles daily.

A PROVEN CREATIVE DESTINATION
For the past seven years, this site has been the celebrated home of Mongers Market, a regional destination for vintage and industrial salvage. The property’s open-concept floor plans and industrial-chic aesthetic make it a premier "blank canvas" for various high-impact uses, including creative retail, artisanal manufacturing, or a modern mixed-use redevelopment.

UNMATCHED FINANCIAL INCENTIVES
This acquisition is uniquely positioned for tax efficiency and immediate cash flow:

Dual Tax Zone Advantage: Located in both a Federal Opportunity Zone and a State of Connecticut Enterprise Zone, providing significant potential for property tax abatements and capital gains relief.

Immediate Income: A leased billboard on the property generates $27,000 in annual income (effective through August 2027), providing immediate operational offset.

VERSATILE INFRASTRUCTURE
The Main Building (121,218 SF): A flexible three-story structure featuring ceiling heights up to 19’ clear, 800-amp power, and a recently updated wet sprinkler system.
The Creative Annex (5,253 SF): A standalone brick building with dramatic 23’ cathedral ceilings, ideal for a flagship showroom, studio, or event space.
Accessibility & Logistics: The site features 110 gated parking spaces, four loading docks, and three drive-in doors with dual access from both Cherry Street and Railroad Avenue.

STRATEGIC MIXED-USE ZONING
Under the RX2 (Residential-Office Center) zoning, the site is primed for evolution. This flexible designation allows for a blend of residential, office, and commercial uses, making it one of the most versatile redevelopment sites currently available in the Bridgeport market.

For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.