Commercial Real Estate News
Acquisition & Disposition
Investment Property in Bridgeport Sells for $1,050,000
BRIDGEPORT, CT – JULY 15, 2019 – An investor has purchased 2407 & 2423 Fairfield Avenue in Bridgeport, CT, for $1,050,000, announced Jon Angel, President of Angel Commercial, L.L.C., a commercial real estate firm based in Southport, CT.
Zhao Yin Chen has acquired the 7,788 SF building on 0.42 acres and the adjacent 0.35-acre parcel which was unimproved at the time of sale.
“The property sold relatively quickly,” states Angel who represented both parties in this transaction. “There was a long-term lease already in place, which increased the desirability of the asset.” A 24-hour laundromat currently leases the building.
Angel Commercial, L.L.C. is a full-service commercial real estate brokerage firm that specializes in the acquisition, disposition, and leasing of office, industrial, retail, multi-family, development, and investment properties on a local and national level. Visit Angel Commercial, L.L.C. on the web at www.angelcommercial.com.