Commercial Real Estate News

Acquisition & Disposition

Investment Property in Bridgeport Sells for $1,050,000

2407 & 2423 Fairfield Avenue, Bridgeport, CT 06605
2407 & 2423 Fairfield Avenue, Bridgeport, CT 06605

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.

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