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900 Wood Ave 5,253 SF 100% Leased Retail Building Bridgeport, CT 06604 $975,000 ($185.61/SF) 6.72% Cap Rate



INVESTMENT HIGHLIGHTS
- Longstanding mixed use strip in the coveted North End of Bridgeport featuring 3 storefronts and 1 rear apartment
- Expiring retail lease with Church tenant and MTM lease with furniture store provide flexibility to increase rents or for owner occupancy
- Large upside in the rent on the apartment where 2 bedroom apartments are renting in the $2,500 per month range in this section of Bridgeport
- Building anchored by neighborhood staple delicatessen
- Entirely separately metered for utilities
EXECUTIVE SUMMARY
Baldwin Pearson & Co., Inc. is pleased to present 900 Wood Avenue Bridgeport, CT to the market. This well-positioned multi building, mixed-use asset is located along a highly visible, heavily trafficked corridor in the desirable North End of Bridgeport, making it an attractive opportunity for both investors and owner-users.
The property consists of three fully occupied retail storefronts and one two-bedroom residential apartment, providing immediate, stable cash flow with meaningful upside potential. Select lease expirations and flexible tenancy on two retail units also allow for potential owner-user occupancy of one or more retail units, while maintaining strong in-place income. The retail units benefit from exceptional street frontage and are occupied by long-term tenants, reinforcing the asset’s durability and income stability. 900 Wood Avenue offers investors immediate returns with the ability to enhance value through rent growth across all units.
The property consists of three fully occupied retail storefronts and one two-bedroom residential apartment, providing immediate, stable cash flow with meaningful upside potential. Select lease expirations and flexible tenancy on two retail units also allow for potential owner-user occupancy of one or more retail units, while maintaining strong in-place income. The retail units benefit from exceptional street frontage and are occupied by long-term tenants, reinforcing the asset’s durability and income stability. 900 Wood Avenue offers investors immediate returns with the ability to enhance value through rent growth across all units.
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,253 SF
Building Class
C
Year Built
1931
Price
$975,000
Price Per SF
$185.61
Cap Rate
6.72%
NOI
$65,566
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.40 AC
Zoning
OR
Parking
4 Spaces (0.76 Spaces per 1,000 SF Leased)
Frontage
72’ on Wood Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | BRID-001310-000002 | Total Assessment | $226,610 (2025) |
| Land Assessment | $121,280 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $105,330 (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
BRID-001310-000002
Land Assessment
$121,280 (2025)
Improvements Assessment
$105,330 (2025)
Total Assessment
$226,610 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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900 Wood Ave
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