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$4,650,000 Just Listed

  • For Sale
  • Active
  • Commercial
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469 East Main Street, Branford, CT is offered for sale as a fully leased, stabilized net-leased investment anchored by a nationally recognized tenant with 9 years remaining on the current lease term and multiple renewal options. The property provides predictable, long-term cash flow supported by a strong tenancy profile and structured annual rental increases, creating built-in income growth. The asset is offered at a 7.50% cap rate and approximately $165 per square foot, representing an attractive basis for investors seeking dependable yield in a core Connecticut market. The 28,088 SF freestanding building features a balanced mix of anchor and complementary retail users with independent utilities and efficient operating structure, minimizing landlord responsibilities. Strategically positioned in a high-visibility commercial corridor between New York City and Boston, and within close proximity to Yale University and Yale New Haven Hospital, the property benefits from sustained regional demand drivers and strong market fundamentals. This offering represents an opportunity to acquire a turn-key asset with secure income, long-term lease stability, and favorable market positioning.

Full Property Details for 469 E Main St

General

  • Price: $4,650,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24177556
  • Updated: Today (5/29/2026)
  • Added to Site: Today

Interior

  • Interior Features: Elevator
  • Flooring: Concrete

Rooms

Bathrooms

  • Restrooms: 5

Exterior

  • Exterior Features: Sidewalk, Lighting, Pole Sign, Door Sign

Parking

  • Total Spaces: 185
  • Parking: Paved, Parking Lot

Location

  • County: New Haven
  • Driving Directions: Route 1, 469 East Main Street Branford

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Air, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas, Fire Suppression System

Structural Information

  • Roof: Rubber, Tar/Gravel
  • Ceiling Height: 20
  • Disability Access: Accessible Bath
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 28,088
  • Sq. Ft. Source: Public Records
  • Current Bldg. Use: Health Club & Office Space
  • Retail: 26,978 Sq. Ft.
  • Year Built: 2005

Unit Information

  • # Tenants: 4

Unit 1

  • Unit Description: Retail
  • Square Feet: 20888

Unit 2

  • Unit Description: Retail
  • Square Feet: 4650

Unit 3

  • Unit Description: Retail
  • Square Feet: 620

Unit 4

  • Unit Description: Office
  • Square Feet: 820

Lot Features

  • Lot Size (Acres): 3.93
  • Frontage: U.S. Highway
  • Frontage Feet: 435
  • Present Use: Health Club & Office Space
  • Zoning: IG-2
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $3,497,100
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: None
  • Property ID: 1069981
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 469 E Main St —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 469 E Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$4,650,000
19.79%
MLS
11/15/2005
Sold
$3,881,865
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 469 E Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$74,838
29%
$3,497,100
83%
2023
$58,201
12%
$1,909,490
10%
2023
$51,886
1%
$1,735,900
—
2022
$51,122
—
$1,735,900
—
2021
$51,122
2%
$1,735,900
—
2020
$50,202
-5%
$1,735,900
-5%
2019
$53,059
2%
$1,825,200
—
2018
$52,274
1%
$1,825,200
—
2017
$51,963
4%
$1,825,200
—
2016
$50,029
2%
$1,825,200
—
2015
$49,153
-1%
$1,825,200
-3%
2014
$49,594
3%
$1,890,000
—
2011
$48,365
—
$1,890,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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469 East Main Street, Branford, CT 06405 (MLS# 24177556) is a Commercial property. 469 East Main Street is currently listed for $4,650,000 and was received on May 29, 2026. This property is listed by Nick Mastrangelo from our Orange Post Rd Office.Want to learn more about 469 East 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.

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