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    473 Main St Branford, CT 06405

    Sponsored
    For Sale
    $3,000,000

    3-Acre Commercial Portfolio, High Income

    Property size:
    6,523 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 3.1-acre commercial property portfolio in downtown Branford, CT, presents a unique development opportunity. Located at 473 Main Street, this prime location boasts high visibility and significant daily traffic counts. The portfolio comprises five separate parcels encompassing a diverse range of existing uses, including an office building, restaurant/bar, single-family residential home, garage, and vacant land, totaling 6,523 square feet. The property generates a substantial annual gross income of $115,000, providing immediate revenue while development plans are formulated. Its strategic location offers unparalleled access to the Branford train station, I-95, and a vibrant array of shopping and dining options. The property is within walking distance of the historic Branford town center and a short distance from the beach. Major retail brands, including Walmart, Starbucks, and soon-to-be-built Aldi and Chase Bank locations, are all within a quarter-mile radius. This presents a rare chance to acquire a well-established, income-producing portfolio with immense potential for future growth and redevelopment in a thriving shoreline community. The existing structures offer flexibility for adaptive reuse or demolition to accommodate a new vision. This is a truly exceptional opportunity to capitalize on the burgeoning growth of Branford.

    Property Features for 473 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,523 SF
    Lot Size
    135,036 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Branford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.81882
    Latitude
    41.27718

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    FAQs

    What type of property is this?
    Commercial real estate - 3-Acre Commercial Portfolio, High Income
    Where is this commercial real estate located?
    The property is located at 473 Main St Branford, CT.
    What is the asking price?
    The asking price for this property is $3,000,000.
    (203) 787-7800
    Request Owner's contact information
    473 Main St Branford, CT 06405
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    Branford, CT 06405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    473 Main St Branford, CT 06405
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