Price Reduced 20.10%


Price History

$1,000,000
1/22/2022

$950,000
2/13/2023

$799,000
12/18/2023


40 North Main Street, Branford, CT, 06405

40 North Main Street, Branford, CT, 06405

0 beds

1868

2,716 sqft

Major price adjustment for this development opportunity about two blocks from Walmart, Starbucks, Chipotle and the new Chase Bank & Aldi. This corner property is strategically located at a four-way traffic light intersection. There are currently three curb cuts and over 150 of frontage on Route One with car count of nearly 17,000. Currently there are two buildings on the property, a very popular and long-standing Restaurant and another smaller standalone building for storage. Over three quarters of an acre located in the favorable Local Business (BL) District. With Site Plan Approval, permitted uses that include but are not limited to, Bank, Retail, Medical, Veterinarian, Boat & Marine Sales, Hotel. Most Auto Uses including Gasoline Station and Auto Sales would require a Special Exception. A rare development opportunity within this dynamic & thriving area.


Status:

Active

Type:

Commercial

Units:

2

Zoning:

BL

Frontage:

U.S. Highway,State Road

Heating:

Hot Air

Cooling:

Wall Unit

Acreage:

0.79

Est. Taxes:

$10,536

Assessment

$352,500

Current Use

restaurant

Permitted Use

mixed use development

Utilities

Electric,Gas

Lot Description:

Corner Lot,Level Lot

Days on Market:

837

MLS #:

170461567


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Greg Robbins, Houlihan Lawrence WD Email: ggrobbins@gmail.com