469 East Main Street, Branford, CT 06405
New Haven County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Year Built
2005
Stories
2
Living Area
28,088 sq ft
Lot Size
3.93 acres
Parking Spaces
185
Zoning
IG-2
Days on Market
52
MLS® Listing#
24177556
Property Features
Interior
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$77,496
Parcel Number
1069981
Directions
Route 1, 469 East Main Street Branford
Affordability Calculator
$930,000
Estimated monthly payment
$24,749/mo
Principal $3,720,000 · Est. interest $5,189,731 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Branford, CT
- $557,895
- Median Listing Price
- 44
- Median Days on Market
- 1,790
- Median Sq Ft
- $328
- Median Price / Sq Ft
- 70
- Active Listings
- This home’s price is 733% above the area median.
- Its price per sq ft is 50% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Branford, CT.
Location
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Points of Interest in Branford, CT
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 60 Island View Avenue, Branford, CT | $3,695,000 | 4 | 4 | 4,017 |
| Potato Island, Branford, CT | $4,339,000 | 4 | 4 | 3,871 |
Moving Cost Estimate
EXIT Agents in Branford
Listing Courtesy: Coldwell Banker Realty - (203) 641-2100
Presented by: Nick Mastrangelo