944 Main StBranford, CT 06405

  • Other commercial real estate
  • 5,634 SF
For Lease
$252/SF/YR View listing

Property Details for 944 Main St

Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
5,634 SF
Property type
Other commercial real estate
Property subtype
Showrooms
APN
BRAN M:E07-D07 B:005 L:00024
APU
BRANME07D07B005L00024

Description

This exceptional office building, located at 944 Main Street in Branford, Connecticut, presents a unique opportunity for businesses seeking versatile and well-appointed space. The property, situated on 1.7 acres of land and zoned BC, boasts a total of 9,243 square feet across two stories, built in 1950. The building features two suites, with a minimum divisible space of 1,950 square feet and a maximum contiguous space of 9,243 square feet, offering flexibility for various business needs. The property is ideally located on the corner of Hamilton Street, directly across from the Branford green, ensuring high visibility and accessibility. Eleven convenient on-site parking spaces are available for tenants and their clients. The building is equipped with central air conditioning for year-round comfort. This traditional office space is also suitable for executive or medical office uses. The second-floor space offers beautifully appointed interiors, and the possibility of including existing furniture is available. The property's prime location in downtown Branford, combined with its ample space and convenient amenities, makes it an attractive option for a wide range of businesses. The zip code is 06405, and the cross street is Harrison Avenue.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,369,259
    6.5%
    $1,263,931
    7%
    $1,173,650
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,855,069
    Geo Method
    $1,855,069
  • Alternative Use

    Use
    Valuation
    Residential
    $1,066,173
    Hospitality
    $976,609
    Educational
    $812,527
    Medical
    $840,471
    Retail
    $1,263,931
944 Main St, Branford, Connecticut

Location Insight

City
Branford
County
New Haven
State
Connecticut
Latitude
41.2812
Longitude
-72.8124
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,561
$250,100
$270,500
$520,600
-
-
-
-

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