11 North Branford Road

Retail-Commercial for Sale
Catylist Listing ID: 30355055
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 1,803 SF
Gross Building Area: See Agent
Gross Land Area: 0.82 Acres
Sale Price: $349,000
Unit Price: $193.57 PSF
Is Quick-Service Restaurant? Yes
Has Drive-Thru? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2020

Overview / Comments

Excellent opportunity! 100' from a major signalized intersection with traffic counts of approx. 18,700/11,800 CPD on Rte 1 to the west and east of North Branford Rd intersection respectively, and 10,300 CPD on North Branford Rd to the north of the Rte 1 intersection (all counts pulled from the CT DOT traffic count website). Redevelopment site for fast food, possible drive thru. Property located in IG-2 zone - consisting of areas intended to be used for heavy commercial and industrial development on a less intensive basis than the IG-1 district. Easy access to Route 1 and I-95.

Additional Details

Nearest MSA: New Haven-Milford
County: New Haven
Taxing Authority: Town of Branford
Tax ID/APN: 1069046
Zoning: IG-2
Property Located Between: Rte 1, East Main St and Commercial St
Property Visibility: Excellent
Largest Nearby Street: Rte 1 - E. Main Street
Feet of Frontage: 133
Traffic/Vehicle Count: 10,300
Highway Access: I-95 at Exit 55
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,242 SF
Property Condition: Fair
Year Built: 1955
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: On site parking lot
Heat Type: Oil
Heat Source: Baseboard
Lot Frontage: 133
Lot Depth: 263
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,450 34,390 87,661
Median Age: 46.56 46.32 44.75
Households: 1,861 14,859 36,494

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