151 Meadow St - Storefront Retail/Office FOR SALE


Branford, CT 06405
$950,000 USD
203-809-9600
151 Meadow St, Branford, CT for Sale
$950,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 5.54% Cap Rate

151 Meadow St
Branford, CT 06405


HIGHLIGHTS

  • Heavily trafficked area, with busy anchor tenant on property
  • Recently repaved parking lot, with designated handicapped spaces, and parking for 30+ vehicles
  • Long term tenants in place

OVERVIEW

Excellent opportunity to own a fully established commercial complex in the center of town. This property is made up of two separate buildings, housing a variety of different businesses and professionals; including an active and vibrant thrift store on the ground level of one building. Many improvements done to this property, including repavement and striping of entire parking lot, replacement of several HVAC units, and complete remodeling/updating of several office spaces. All tenants are on signed written leases, generating immediate cashflow upon purchase. All utilities (with exception of water/sewer) are separately metered and tenant-paid. Turn-key investment awaits!

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

5.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

IG-1

APN/PARCEL ID

BRAN-000008E-000003-000004

ASK ABOUT THIS PROPERTY

Jorge GilKi Property GroupMore Info
203-809-9600

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Jorge GilKi Property GroupMore Info
203-809-9600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.