40 N Main St - Retail FOR SALE


Branford, CT 06405
$799,000 USD
203-787-7800
40 N Main St, Branford, CT for Sale
$799,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

40 N Main St
Branford, CT 06405


OVERVIEW

Major price adjustment for this development opportunity about two blocks from Walmart, Starbucks, Chipotle and the new Chase Bank & Aldi. This corner property is strategically located at a four-way traffic light intersection. There are currently three curb cuts and over 150 of frontage on Route One with car count of nearly 17,000. Currently there are two buildings on the property, a very popular and long-standing Restaurant and another smaller standalone building for storage. Over three quarters of an acre located in the favorable Local Business (BL) District. With Site Plan Approval, permitted uses that include but are not limited to, Bank, Retail, Medical, Veterinarian, Boat & Marine Sales, Hotel. Most Auto Uses including Gasoline Station and Auto Sales would require a Special Exception. A rare development opportunity within this dynamic & thriving area.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1868

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

BL

APN/PARCEL ID

BRAN-000007D-000014-000004

ASK ABOUT THIS PROPERTY

John WareckWareck D'Ostilio Real Estate, LLCMore Info
203-787-7800

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John WareckWareck D'Ostilio Real Estate, LLCMore Info
203-787-7800

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