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Property profile & analytics
OFF-MARKET
Investment properties

197 Main St 213 Branford, CT 06405-3524

0.3 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US15-0656297
Property summary
AI-generated overview

This exceptional investment opportunity presents two distinct properties for sale together at 197 Main Street, Branford, CT. The first is a mixed-use building totaling 5,074 square feet situated on a 0.6-acre lot. The ground floor offers approximately 1,424 square feet of high-visibility retail space, ideal for a variety of businesses. Above the retail space is a 1,416 square foot, three-bedroom, two-bathroom apartment. The property benefits from ample parking and high traffic counts, ensuring excellent exposure for any commercial venture. Included in this sale is an abutting, beautifully preserved turn-of-the-century two-family home. This multi-family residence features two spacious apartments, each exceeding 1,000 square feet and including two bedrooms and one bathroom. A detached garage and additional office space further enhance the property's appeal. Both properties are being sold together in "as is" condition. This combined offering presents a rare chance to acquire a significant commercial and residential holding in a prime Branford location. The asking price for this unique package is $1,150,000. Don't miss this chance to establish your business and secure a valuable investment in a thriving shoreline community.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.3 ac (13,068 SF)
APN BRAN M:D08-000 B:002 L:00001
UPID US15-0656297
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
FOWLER, CHRISTIANE
FOWLER, CHRISTIANE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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