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3170 Fairfield Ave. & 395 Davidson St., Bridgeport, CT 06605

Landmark Building with Complete Restaurant Set-Up & Income-Generating Apartments for Sale at $950,000

3170 Fairfield Avenue & 395 Davidson Street, Bridgeport, CT 06605 Landmark Building with Complete Restaurant Set-Up & Income-Generating Apartments

Exciting opportunity to acquire a landmark building with a complete restaurant set-up and two income-generating apartments. Located in the vibrant neighborhood of Black Rock close to the Fairfield/Bridgeport line, the property has excellent visibility with 53 linear feet of frontage on Fairfield Avenue. It is easily accessible from a signalized four-way intersection on the corner of Fairfield Avenue and Davidson Street.

The property is comprised of two adjacent parcels totaling 0.45 acres, including a 6,776 SF building on 0.19 acres in an Office/Retail (OR) Zone, and building parking lot on 0.25 acres in a Residential B (R-B) Zone. The fully equipped restaurant features indoor dining area and bar, 1,522 SF wrap-around heated patio with service bar and removable plexiglass enclosures, commercial kitchen, two walk-in coolers, two restrooms. 1,222 SF basement has a full prep area, laundry and ample storage. The two 2 bedroom/1 bath apartments are located on the second and third floors.

The building is the thirty-year home of the popular, award winning Taco Loco Restaurant. The restaurant business, including booked catering events and impressive corporate client list, as well as food truck business and food trucks, is available for inclusion with the building sale to the right buyer at a separate price.

Located within six miles of four universities and 0.8 miles from "The Crossings," a large planned residential development near the Fairfield Metro Train Station. One mile from I-95 (Exit 23), 1.2 miles from I-95 (Exit 25), 1.3 miles from the Fairfield Metro Metro-North Train Station, and at a Bridgeport Transit bus stop.

The Site
Gross Area: 6,776 SF
Land: 0.45 acres
Real Estate Taxes: $14,723.08 (2020)
Zoning: Office/Retail (OR) & Residential B (R-B)
Year Built: 1919
Construction: Vinyl/Stucco
Stories: 2.5
Tenancy: Multiple
Traffic Count: 18,778 Average Daily Volume
Parking: 34 Spaces
Amenities: Enclosed Patio; Wheelchair Accessible Entrance Parking Lot and Restrooms (2); Security System with 16 Cameras; Commercial Kitchen, Two Walk-in Coolers, Washer & Dryer
Water/Sewer: City/City
A/C: Central Air Conditioning (1st Floor Only)
Heating: Gas
Power: 200 Amps (1st Floor) & 100 Amps (Upper Floors)
Updated: 18th April 2021
Jon Angel, President
203.335.6600, Ext. 21
Eva Kornreich, Vice President
203.335.6600, Ext. 23
No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors,
omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.