469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
469 East Main Street, Branford, CT 06405
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$ 4,650,000
Est. payment | /mo

28,088 SqFt


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$ 4,650,000
Est. payment | /mo
Save

28,088 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 28,088 sqft

Price per Sqft $165

MLS Listing ID 24177556

Year Built 2005

Annual Tax Amount $74,838

Lot Size 3.930 Acres

Property Description

469 East Main Street, Branford, Connecticut, is offered for sale as a stabilized multi-tenant investment property anchored by Planet Fitness, which has approximately eight years remaining on its current lease term along with multiple renewal options. The property provides stable and predictable long-term cash flow and is offered at an approximate 7.5% capitalization rate and roughly $165 per square foot, presenting an attractive investment opportunity within the Connecticut market. The 28,088-square-foot freestanding retail building features a complementary mix of synergistic tenants and is strategically positioned along a high-visibility commercial corridor between New York City and Boston. Its proximity to Yale University and Yale New Haven Hospital further supports strong regional demand and long-term market stability. This offering represents an opportunity to acquire a well-maintained, turn-key investment asset with secure income, long-term tenancy, and favorable positioning within a strong Connecticut retail market.

Location

State CT

County New Haven

Zoning IG-2

Interior

Interior Features Elevator

Heating Hot Air

Cooling Central Air

Flooring Concrete

Exterior

Exterior Feature Sidewalk, Lighting, Pole Sign, Door Sign

Parking Features Paved, Parking Lot

Utilities Available Electric, Gas, Fire Suppression System

Roof Type Rubber,Tar/Gravel

Building

Lot Description Level Lot

Story 2

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Nick Mastrangelo • Coldwell Banker Realty

Nearby Locations

Dominick DiFilippo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(914) 450-1185

hello@empireteam.com

625 US-6, Mahopac, NY, 10541-4794, USA

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469 East Main Street