235 Main St Branford, CT 06405-3020
- Investment properties
- 1.91 lot acres
Current Use by Public Records
- A & A Cleaners Inc / Dry Cleaner
- South Shore Property Management, LLC / Property Management Company
Property Details for 235 Main St
- Lot size
- 1.91 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- BRAN M:E06-000 B:003 L:00070
- APU
- BRANME06000B003L00070
Description
This 1,400 square foot medical/office space is ideally situated at 235 N Main St, Unit 3. The property, built in 1986, features a desirable first-floor location with both front and rear entrances, offering excellent accessibility. The space currently configured as a chiropractic office, includes two private exam rooms, a large open area, and a bathroom. The versatile layout is perfect for a variety of professional uses, including medical practices, therapy offices, or other professional businesses seeking a well-established presence. Tenants benefit from ample parking with 10 spaces available. The building is meticulously maintained and boasts high visibility from Route 1, ensuring strong exposure for your business. The zoning is CP. The building houses five suites in total, providing a collaborative environment with other established businesses. Rent is $1800 per month, plus utilities. The maximum contiguous space available is 1,400 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $410,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $460,000
- Mixed-Use
- $415,000
- Hospitality
- $355,000
- Educational
- $390,000
- Residential Income
- $425,000
- Energy
- $375,000
- Income-Based Land
- $430,000
- Food Service
- $440,000
Location Insight
- Map
- Local Demand
- City
- Branford
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.8065
- Latitude
- 41.2902
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA