Commercial Real Estate News

Acquisition & Disposition

Commercial Real Estate Momentum Builds in Bridgeport, CT with $4.85M in Sales and a New $5.99M Investment Opportunity

Bridgeport, CT Transactions (1)
1730 Commerce Drive, Bridgeport, CT
1730 Commerce Drive, Bridgeport, CT
1832 Commerce Drive, Bridgeport, CT
1832 Commerce Drive, Bridgeport, CT
1155 Railroad Avenue, Bridgeport, CT
1155 Railroad Avenue, Bridgeport, CT

Bridgeport, CT – June 16, 2025 – Bridgeport’s commercial real estate market continues to gain traction, with Angel Commercial, LLC announcing the recent sale of two prime investment properties on Commerce Drive totaling $4,850,000—and a new, high-profile listing now available on Railroad Avenue.

“The activity we’re seeing reflects a growing appetite for well-located, commercial properties in Bridgeport,” said Jon Angel, President of Angel Commercial, LLC, who brokered both sales. “Bridgeport’s strategic location, zoning flexibility, and business-friendly environment are drawing strong interest from investors and owner-users alike.”

The first property, Commerce Drive Business Park at 1730 Commerce Drive, sold for $3,650,000. This 87,778 SF multi-tenanted industrial building spans 3.79 acres and occupies an entire city block in an Industrial (I) Zone. With a prime location near the Fairfield border and the vibrant Black Rock neighborhood, it is anchored by long-term tenant Beacon Roofing Supply, which has occupied approximately 60% of the property since 2011. Originally built during the post-WWII industrial expansion, the property has retained its historic durability while accommodating modern industrial needs.

Just down the street, 1832 Commerce Drive—a 11,728 SF two-story industrial building on 0.25 acres—sold for $1,200,000. Located in a Residential-Office Centers (RX2) Zone, the property is partially leased to CORE by Kleenup Restoration of New England, Inc. and was formerly owned and occupied by New England Heating Parts Company. Its strategic location and redevelopment potential made it an attractive acquisition for buyer 16-10 Realty Corporation.

Building on this market momentum, Angel Commercial, LLC is now offering another premier acquisition opportunity in Bridgeport. Situated in a Designated Opportunity Zone, 1155 Railroad Avenue, listed at $5,995,000, features two buildings totaling 126,471 SF on 2.88 acres in a high-visibility commercial corridor. Zoned RX2 and previously home to the beloved Monger’s Market, the property is well-positioned for adaptive reuse or continued commercial operations. The site also benefits from highway visibility from I-95, which carries an average daily traffic volume of 125,000 vehicles—providing exceptional exposure for future occupants.

“Bridgeport’s transformation is well underway, and the demand for flexible, strategically located commercial properties remains strong,” added Angel.

Based in Southport, CT, Angel Commercial, LLC is a full-service commercial real estate firm specializing in the sale and lease of commercial properties. With deep market insight and a strong track record, the firm is dedicated to driving successful real estate outcomes that contribute to the region’s economic growth. For more information about Angel Commercial, LLC, and its comprehensive range of services, please visit their website at angelcommercial.com.

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