1057-1087 Broad Street, Bridgeport, CT 06604

THE LEGAL CENTER

1057-1087 Broad Street

Bridgeport, CT 06604

The Legal Center, 1057-1087 Broad Street, Bridgeport, CT 06604

Investment Opportunity:
Two Adjacent Office Buildings on 2.3 Acres in Prime Downtown Bridgeport Location in a Designated Opportunity Zone for Sale at $7,100,000

Angel Commercial, LLC, acting as the exclusive  commercial real estate broker, is pleased to offer The Legal Center at 1057-1087 Broad Street in Bridgeport, CT, for sale at $7,100,000.​ This is an investment opportunity that consists of two adjacent office buildings on 2.34 acres in a prime Downtown Bridgeport location.​

In a Designated Opportunity Zone, the Legal Center consists of two adjacent office buildings that provide 82,260 SF of space on 2.34 acres including a private pay gated parking lot.​ The 2020 Net Operating Income was $566,044 and the cap rate is 7.97%.​

With 275 linear feet of frontage on Broad Street, the properties span an entire city block from John Street to Cannon Street.​ 1057 Broad Street is a 36,432 SF four-story office building with 4,734 RSF available for lease.​ 1087 Broad Street is a 45,828 SF four-story brick office building with 1,050 RSF available for lease.​ Both buildings feature central air conditioning, a wet sprinkler system, common restrooms, a security surveillance camera system, and an elevator.​

The Legal Center is conveniently located within walking distance (0.2 miles) from the Bridgeport Train Station and a Greater Bridgeport Transit Bus Stop, and 0.7 miles from I-95 (Exit 27).​ It is in close proximity to the courthouses and near a brand-new amphitheater, arena, ferry, restaurants, banks, and shopping.​

For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext.​ 21.

DOCUMENTS

LISTING BROKER
Jon Angel

President
Angel Commercial, LLC

PROPERTY DETAILS 

STREET VIEW

The Site
Total Building Size: #1057: 36,432 SF
#1087: 45,828 SF
TOTAL: 82,260 SF
Space Available: 6,244 RSF
Land: 2.34 Acres
Zoning: DX2 Downtown Edge
Construction: Masonry
Year Built: 1910 & 1926 Fully Renovated Building
Construction: Brick
Stories: Four
Tenancy: Multiple
Financial Information
Sale Price: $7,100,000
Real Estate Taxes: $193,848.46 (2022)
Eligibility: Designated Opportunity Zone
2020 NOI: $566,044
Cap Rate: 7.97%
Features
Parking: Abundant
Amenities: Wet Sprinkler Systems, Handicap Accessible, Elevators, Security Surveillance Camera System
Utilities
Water/Sewer: City/City
Heating: Gas
A/C: Central Air-Conditioning

STREET VIEW

MAP---1057-1087-Broad-Street-in-Bridgeport,-CT,

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