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40 North Main Street, Branford, CT 06405
$799,000
40 North Main Street, Branford, CT 06405View this property at 40 North Main Street, Branford, CT 06405
40 North Main StreetBranfordCT06405
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Property Description
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.
Full Property Details
Full Property Details for 40 N Main St
General
- Price: $799,000
- Taxes: (July 2023-June 2024)
- Status: Active
- Type: Commercial
- MLS ID: 170461567
- Updated: 4/18/2024
- Added to Site: 854 day(s) ago
Interior
- Flooring: Wood
Exterior
- Exterior Features: Lighting, Pole Sign, Storage Building
Parking
- Parking: None
Location
- County: New Haven
- Driving Directions: Route 1 - AKA North Main Street
- Traffic Count: 16599
Heating & Cooling
- Cooling Type: Wall Unit
- Heating Type: Hot Air, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas
Structural Information
- Construction Status: No/Resale
- Roof: Asphalt Shingle
- Square Feet: 2,716
- Sq. Ft. Source: Public Records
- Current Bldg. Use: restaurant
- Retail: 1,962 Sq. Ft.
- Warehouse: 754 Sq. Ft.
- Year Built: 1868
Unit Information
- # Tenants: 1
Unit 1
- Unit Description: Retail
Unit 2
- Unit Description: Retail
Unit 3
- Unit Description: Industrial
Unit 4
- Unit Description: Industrial
Lot Features
- Lot Size (Acres): 0.79
- Frontage: U.S. Highway, State Road
- Frontage Feet: 150
- Present Use: restaurant
- Potential Use: mixed use development
- Zoning: BL
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $352,500
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1064239
Listed by Houlihan Lawrence WD, Greg Robbins and Houlihan Lawrence WD, Rhonda Young
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Schools
Schools serving 40 N Main St
School District:Branford School District
Rating | Name | Grades | Distance |
---|---|---|---|
185 E Main St, Branford, CT 06405 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 N Main St
Date
Details
Price
Change
Source
12/18/2023
Price Reduced
$799,000
-15.89%
MLS
2/13/2023
Price Reduced
$950,000
-5%
MLS
1/22/2022
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 N Main St
40 North Main Street, Branford, CT 06405 (MLS# 170461567) is a Commercial property. 40 North Main Street is currently listed for $799,000 and was received on January 22, 2022. Want to learn more about 40 North Main Street? Do you have questions about finding other Commercial real estate for sale in Branford? You can browse all Branford real estate or contact a Coldwell Banker agent to request more information.