Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Branford Mixed-Use Investment Opportunity Title is generated by Realmo AI

    53 Montowese Street, Branford, CT 06405

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $869,000

    Mixed-use property near downtown Branford with income potential.

    Type:Commercial
    Property size:
    3,416 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $254/SF
    Added:
    Jan 15, 2026
    Days on Market:
    123
    Last Refresh:
    Apr 5 at 9:06 pm

    Property Features for 53 Montowese Street

    General Information

    Standard status
    Active
    Size
    3,416 SF
    Lot size
    0.25 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1890

    We can help!

    Listing Contact
    KIRSTEN ADAMS

    Listing agent KIRSTEN ADAMS

    Listing office William Pitt Sotheby's Int'l

    Listing date Jan 15, 2026

    Source Corcoran

    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 William Pitt Sotheby's Int'l

    HighLights

    • Rare mixed‑use property in a prime Branford location, just two blocks from downtown.
    • Multiple income streams from established orthodontist practice and two residential apartments.
    • Generous .25‑acre parcel with parking for 9 vehicles and serene marsh views.
    • Versatile property suitable for continued current use, practice relocation with rental income, redevelopment, or conversion to single‑family use.
    • Recently renovated (1996‑97) with a new roof (2025).
    • Easy access to I‑95, the shoreline, and downtown Branford amenities.

    Overview

    This 3,416 square foot mixed-use property is located just two blocks from downtown Branford. The three-level building currently operates as an orthodontist practice with two income-producing residential apartments above. Situated on a 0.25-acre parcel, the property includes parking for 9 vehicles and marsh views. The building was renovated in 1996-97 and features a new roof (2025), public water, public sewer, AC on the first floor, and oil heat. The property offers multiple revenue streams and cash flow potential. Redevelopment possibilities include converting the first floor into one or two apartments or converting back to a single-family use. The location provides walkable access to downtown shopping and dining. It also offers easy access to I-95 and the shoreline.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Russo Peter D ... Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Branford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8055
    Latitude
    41.2772

    Nearby Similar for Sale

    • $749,000
      3,953 SF

      Commercial Building on West Main

      Commercial building with high visibility and ample parking.
      635 W Main 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
      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
    • $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
    • $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
    • Contact for pricing

      Office Space on Main Street

      Office property for sale on East Main Street.
      400 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

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property near downtown Branford with income potential.
    Where is this mixed-use property located?
    The property is located at 53 Montowese Street Branford, CT.
    What is the asking price?
    The asking price for this property is $869,000.
    What are key features of this property?
    This property features: Rare mixed‑use property in a prime Branford location, just two blocks from downtown.; Multiple income streams from established orthodontist practice and two residential apartments.; Generous .25‑acre parcel with parking for 9 vehicles and serene marsh views.
    (203) 245-6700
    We can help!
    Listing Contact
    KIRSTEN ADAMS
    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

    Thank You for Inquiry
    53 Montowese Street, Branford, CT 06405
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!