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$700,000
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Property Description
10.20% CAP RATE! GREAT development and/or investment opportunity! 434 Grand Street is a Manufacturing Building w/9 total units, 6 occupied. All manufacturing building, storage and auto detail restoration shop. Current tenants are willing to stay. Manufacturers, Art Dealers, Lighting Company, etc. The building has a 7 ton elevator for moving products up to the 2nd and 3rd floors. The 2nd and 3rd floors have multiple windows on 3 of 4 walls. This makes for a great penthouse/loft style space. Fenced in parking lot for 22 cars, security, sprinklers, 4 drive-in + 3 docks w/levelers, 14' - 16' ceilings. Renovated in 2006, new roof, some windows and additional updates in 2016.
Full Property Details
Full Property Details for 434 Grand St
General
- Sold For: $700,000
- Taxes: $22,111 (July 2017-June 2018)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 99130495
- Added to Site: 3, 691 day(s) ago
Business
- Business Type: Other
Interior
- Interior Features: Loading - Dock Height, Elevator, Fire Suppression System, Freight Elevator, Loading - Grade, Security System
- Flooring: Concrete, Vinyl, Wood
Exterior
- Exterior Features: Levelers
- Color: brick
Parking
- Uncovered Spaces: 22
- Total Spaces: 22
- Parking: Parking Lot, Paved
- Garage Description: Parking Lot, Paved
Location
- County: Fairfield
- Driving Directions: North Avenue to Grand
- Location Details: Downtown, Urban
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Air, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Cable Available, Electric, Gas Available
- Onsite: Cable Available, Electric, Gas Available
Structural Information
- Exterior Const.: Brick, Metal, Concrete
- Roof: Asphalt Shingle, Tar/Gravel
- Ceiling Height: 16
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 36,265
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Manufacturing/Office/Warehouse
- Year Built: 1910
Unit Information
- Units in Complex: 7
Unit 1
- Unit Description: Retail
Unit 2
- Unit Description: Industrial
Unit 3
- Unit Description: Industrial
Unit 4
- Unit Description: Industrial
Unit 5
- Unit Description: Industrial
Unit 6
- Unit Description: Industrial
Unit 7
- Unit Description: Industrial
Lot Features
- Lot Size (Acres): 0.7
- Frontage: Paved Road, Municipal Street
- Street/Road Desc.: Paved Road, Municipal Street
- Present Use: Manufacturing/Office/Warehouse
- Zoning: OR - Office/Retail/Residential
- Lot Description: Corner Lot, Level Lot, Fence - Partial
Water Features
- Docks: 4
Financial Considerations
- For Lease: Yes
- Assessment Amount: $406,680
- Tax Amount: $22,111
- Tax Year: July 2017-June 2018
Disclosures and Reports
- Documents Avail.: Legal Description
- Property ID: 16167
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Schools
Schools serving 434 Grand St
School District:Bridgeport School District
| Name | Grades | Distance |
|---|---|---|
Columbus School 300 University Avenue, Bridgeport, CT 06604 | PK-8 | 1.6 mi |
Bassick High School 1181 Fairfield Avenue, Bridgeport, CT 06605 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 434 Grand St
Date
Details
Price
Change
Source
12/22/2017
Sold
$700,000
-30%
MLS
4/17/2017
Price Reduced
$999,999
-20%
MLS
1/30/2017
Price Reduced
$1,250,000
-16.39%
MLS
1/13/2016
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
434 Grand Street, Bridgeport, CT 06604 (MLS# 99130495) is a Commercial property that was sold at $700,000 on December 22, 2017. This property was listed by Jeanette Politano from our Trumbull Regional Sales Center Office.Want to learn more about 434 Grand Street? Do you have questions about finding other Commercial real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.


