Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1018 W Main St Branford, CT

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property available for sale on Main Street.

    Type:RETAIL
    Property size:
    10,000 SF
    Lot size:
    0.85 Acres
    Added:
    Mar 18, 2025
    Days on Market:
    381
    Last Refresh:
    Mar 29 at 8:14 pm

    Property Features for 1018 W Main St

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    0.85 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    James M. Koury
    James M. Koury

    Listing agent James M. Koury

    Listing office Marcus & Millichap | Boston

    Listing date Mar 18, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Boston

    Overview

    Retail Property on Main Street

    This retail property, located on Main Street, offers approximately 10,000 square feet of space. It is currently listed for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CRUST Pizza Truck Catering Service Pasta Cosi Restaurant Town Fair Tire (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Branford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8114
    Latitude
    41.282

    Nearby Similar for Sale

    • $799,999
      2,325 SF

      Branford Commercial Building on 1.75 Acres

      Well-maintained, renovated commercial building suitable for medical offices or businesses.
      85 School Ground Road, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Mixed-Use Property Near Downtown Branford

      Mixed-use property with income potential near downtown Branford.
      53 Montowese Street, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Mixed-Use Property Near Downtown Branford

      Mixed-use property with income potential near downtown Branford.
      53 Montowese Street, Branford, CT 06405
      View Details
    • $1,590,000
      5,335 SF

      Grand Colonial Estate with Income Potential

      Spacious 15-room Colonial with guest house and income potential.
      85 Cherry Hill Road, Branford, CT 06405
      View Details
    • $799,999

      Branford Office Building on 1.75 Acres

      Well-maintained, renovated office building with expansion potential.
      85 School Ground Rd, Branford, CT 06405
      View Details
    • $3,000,000
      3,036 SF

      Branford Mixed-Use Development Opportunity

      3-acre portfolio with mixed-use properties in downtown Branford.
      473 Main Street, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Branford Mixed-Use Investment Opportunity

      Mixed-use property near downtown Branford with income potential.
      53 Montowese Street, Branford, CT 06405
      View Details
    • $900,000
      10,520 SF

      Industrial Facility Near Stony Creek

      10,520 SF industrial facility near train and brewery.
      4-6 Indian Neck Avenue, Branford, CT 06405
      View Details
    • $4,900,000
      28,088 SF

      Branford Retail Investment Opportunity

      Fully leased retail property with long-term tenants and income growth.
      469 East Main Street, Branford, CT 06405
      View Details
    • $2,699,000
      26,200 SF

      Branford Industrial Property For Sale

      26,200 sqft industrial property with highway access.
      20 E Industrial Rd, Branford, CT
      View Details
    • $5,250,000
      67,809 SF

      Industrial Manufacturing Building For Sale

      67,839 SF industrial building in Branford, CT for sale.
      8-14 Baldwin Drive, Branford, CT 06405
      View Details
    • $2,800,000
      26,362 SF

      Branford Industrial Warehouse on 8 Acres

      26,362± SF industrial warehouse on 8 acres for sale.
      14 Beaver Rd, Branford, CT
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property available for sale on Main Street.
    Where is this retail property located?
    The property is located at 1018 W Main St Branford, CT.
    What is the asking price?
    The asking price for this property is $4,379,000.
    What are key features of this property?
    This property features: Retail property on Main Street; Property available for sale; High visibility on Main Street
    (617) 896-7200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James M. Koury
    James M. Koury
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!