NOMADEReal Estate

$4,900,000

Active

469 Main Street

Branford, Connecticut, 06405 · New Haven County

0

Beds

0

Baths

28,088

Sq Ft

2005

Built

MLS # 24140292

Price / Sq Ft

$174

Property Type

Commercial For Sale

Lot Size

3.93

Class

Property

About This Property

469 East Main Street, Branford, CT is offered for sale as a fully leased, stabilized net-leased investment anchored by a nationally recognized tenant with 9 years remaining on the current lease term and multiple renewal options. The property provides predictable, long-term cash flow supported by a strong tenancy profile and structured annual rental increases, creating built-in income growth. The asset is offered at a 7.50% cap rate and approximately $174 per square foot, representing an attractive basis for investors seeking dependable yield in a core Connecticut market. The 28,088 SF freestanding building features a balanced mix of anchor and complementary retail users with independent utilities and efficient operating structure, minimizing landlord responsibilities. Strategically positioned in a high-visibility commercial corridor between New York City and Boston, and within close proximity to Yale University and Yale New Haven Hospital, the property benefits from sustained regional demand drivers and strong market fundamentals. This offering represents an opportunity to acquire a turn-key asset with secure income, long-term lease stability, and favorable market positioning.

Property Details

469 Main Street, Branford Connecticut 06405 — Commercial For Sale listed at $4,900,000.

At a Glance

0

Bedrooms

0

Bathrooms

28,088

Sq Ft

3.93

Lot Size

--

Garage

2005

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodNew Haven
Address469 Main Street
MLS Number24140292
Year Built2005
Square Footage28,088
Lot Size3.93
Bedrooms0
Bathrooms0
Water SourcePublic Water Connected

Property Details

Property Features

ADACompliant YN1
Cooling SystemCentral Air
Exterior FeaturesSidewalk,Lighting,Pole Sign,Door Sign
FlooringConcrete
Foundation TypeConcrete
Garage ParkingPaved,Parking Lot
Handicap FeaturesAccessible Bath
Heat Fuel TypeNatural Gas
Heat TypeHot Air
Interior FeaturesElevator
Roof InformationRubber,Tar/Gravel

Financial

Assessed Value3497100
Mil Rate Total21.4
Property Tax74838
Tax YearJuly 2025-June 2026

Building Details

Ceiling Height20
Numberof Restrooms5
Numberof Stories2
Sq Ft Retail26978
Sq Ft SourcePublic Records
Total Numberof Units4

All Photos (17)

MARKET CONTEXTBranford
Town Median+1026% vs list
$435,000
Branford, CT
Mill Rate
27.92
New Haven County
NYC Commute
120 min
Metro-North express
Schools
B+
2 graded
LOADING COMP CLOUD…

This listing is +1026% vs the Branford median. Verify against same-school-district comps before competing offers.

Contact Nick Mastrangelo

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Affordability Calculator

$4,900,000

Down Payment$980,000
Loan Amount$3,920,000
Principal & Interest$24,777/mo
Property Tax$4,900/mo
Insurance$100/mo
Est. Monthly$29,777/mo

Listing Agent

N

Nick Mastrangelo

Coldwell Banker Realty

Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24140292
Last Updated2026-05-12