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Downtown Branford Mixed Use Investment 562-572 Main St 6,650 SF 100% Leased Retail Building Branford, CT 06405 $1,850,000 ($278.20/SF) 6.63% Cap Rate
EXECUTIVE SUMMARY
Coldwell Banker Commercial proudly presents 562-572 Main Street in Branford, CT. This historic 6,650 SF building, with 100% occupancy, presents a compelling investment in the thriving retail sector. Zoned BR, it offers versatility for retail and street retail purposes. This two-floor property exudes character and potential. Priced competitively at $1,850,000 it's a valuable chance to own a piece of Branford's retail landscape. Whether you're seeking a strategic addition to your portfolio or a promising retail venture, this property holds immense promise and opportunity.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,650 SF
Building Class
C
Year Built
1926
Price
$1,850,000
Price Per SF
$278.20
Cap Rate
6.63%
NOI
$122,633
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.33 AC
Zoning
BR - Restricted Business (BR)
Parking
11 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
48’ on Main St
AMENITIES
- 24 Hour Access
- Corner Lot
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Doma Trattoria
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Jan 0000
- Jisung Kim
- Services
-
99,999 SF
-
$9.99
-
Jan 0000
- Skull & Bones
- Services
-
99,999 SF
-
$9.99
-
Jan 0000
- Slackline Press
- Retailer
-
99,999 SF
-
$9.99
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Doma Trattoria | Accommodation and Food Services | 99,999 SF | $9.99 | Jan 0000 | ||
| Jisung Kim | Services | 99,999 SF | $9.99 | Jan 0000 | ||
| Skull & Bones | Services | 99,999 SF | $9.99 | Jan 0000 | ||
| Slackline Press | Retailer | 99,999 SF | $9.99 | Jan 0000 |
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | BRAN-000008D-D000007-000012-000020 | Improvements Assessment | $238,700 |
| Land Assessment | $105,800 | Total Assessment | $344,500 |
PROPERTY TAXES
Parcel Number
BRAN-000008D-D000007-000012-000020
Land Assessment
$105,800
Improvements Assessment
$238,700
Total Assessment
$344,500
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Downtown Branford Mixed Use Investment | 562-572 Main St
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