469 East Main, Branford, CT 06405

$4,650,000
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New to the Market Active
SQUARE FEET28,088 MLS#24177556
STATUSActive PROPERTY TYPECommercial - Office

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.

469 East Main | MLS# 24177556

This commercial property located at 469 East Main, Branford, CT 06405 is currently listed for sale with an asking price of $4,650,000. Search Branford real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Hot Air
Lot Size: 3.93 Acres
Roof Type: Rubber, Tar/Gravel
Stories: 2.0
Taxes: $74,838
Year Built: 2005

Amenities

Elevator

Feature Descriptions

Ceiling Height: 20
Days on Site: 3
Docks: 0
Exterior: Sidewalk, Lighting, Pole Sign, Door Sign
Flooring: Concrete
Lot: Level Lot
Parking Spaces: 185
Present Use: Health Club & Office Space
Road Type: U.S. Highway
Sewer: Public Sewer Connected
Units: 3
Utility Features: Electric, Gas, Fire Suppression System
Water: Public Water Connected

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Realty
Agent Name: Nicholas J. Mastrangelo
Agency Phone: (203) 7956000

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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