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473 497 Main, Branford, CT 06405
   
473 497 Main, Branford, CT 06405
INDUS,INVEST,OFFICE,RESINC,RETAIL,OTHER | office,restaurant,land,residen | 6,523 Sqft

$3,000,000
1206 Days on Market - Active


A development opportunity like no other! 3 acres on main street downtown branford. a growing & flourishing shoreline community. this portfolio is a combination of 5 separate parcels consisting of existing mixed uses including an office building, restaurant/bar, residential single family home, garage, warehouse and vacant land. this portfolio is strategically located to the train station, i95, shopping, restaurants, beach & walk to the historic branford town center. huge daily car count. large retail brands all within a quarter mile include walmart, starbucks, and the recent town approvals for aldi’s and chase bank. this ‘once in a life time property portfolio’ has an existing gross income of $115,000 annually. so enjoy existing revenues while you plan your development & transformation of this “gem on main”.

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Details
  • 13 Units
  • 3.10 Acres
  • Built in 1976

Sqft
  • 6523 Total Sqft

Parking
  • 80 Total Spaces
  • 80 Uncovered Spaces

Location
  • Corner Lot
  • 300 Frontage
  • STRD

Business

    Financials
    • $115,000 Gross Income
    • $68,775 Net Income
    • $46,225 Expenses

    Utilities
    • Baseboard, Hot Air
    • Natural Gas
    • Central Air
    • Public Water
    • Public Sewers

    Taxes
    • $273,400 Assessment
    • 29.89 Mill Rate
    • $8,172 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170363458

    Real Estate Agent


    Map of 473 497 Main, Branford, CT 06405

    Directions to 473 497 Main, Branford, CT 06405


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.22%   |   Purchase: $3,000,000   |   Downpayment @ 20.00%: $600,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $17,004


    Monthly Cost Estimate: $17,004
    • Mortgage: $16,323
    • Taxes: $681
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $204,053
    • Mortgage: $195,881
    • Taxes: $8,172
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $6,721,592
    • Mortgage: $5,876,432
    • Taxes: $245,160
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $600,000

    Go To Mortgage Calculator

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    This real estate listing for sale at 473 497 Main is presently used as with 6523 total sqft and was built in 1976. It is located in the Branford, CT area with the 06405 zip code. For more info about the property at 473 497 Main, Branford, CT 06405 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.