Price
$800,000
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.
Listed by William Raveis Real Estate, Jay Cannone. Data sourced from SmartMLS