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251 N Main St - 251 North Main St 9.7 Acres of Commercial Land Offered at $1,534,116 CAD in Branford, CT 06405

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INVESTMENT HIGHLIGHTS

  • Hi density multi-family development.
  • Potential for higher density under the 9-30g affordable housing state guidelines
  • Centrally located on Route 1 close to supporting facilities, including 95

EXECUTIVE SUMMARY

Development site located in the heart of Branford. Current zone permits up to 55 apartment/condo units. No approvals in place (See zoning regulations uploaded) as well as Estimated pro-forma.

PROPERTY FACTS

Price $1,534,116 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 9.70 AC
Zoning MF - The MF (Multi-family zone) permits multi-family density based on the calculation of 1 unit per 7,620 SF of land area. Total land area is 422,500 SF.

1 LOT AVAILABLE

Lot

Price $1,534,116 CAD
Price Per AC $158,156.30 CAD
Lot Size 9.70 AC

9.70 acres with 500+/- feet of frontage on the north side of North Main Street. The site is rolling and partially wooded.

DESCRIPTION

Fantastic multi-family development site. Potential under the State 8-30g affordable housing. 9.73 acre development land located in the heart of Branford, within one mile of Interstate 95, shopping and downtown Branford. Contains 500+/- feet of frontage on the north side of North Main Street. The site is rolling and partially wooded.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BRAN-000006E-000003-000005-000001
Land Assessment
$224,673 CAD
Improvements Assessment
$0 CAD
Total Assessment
$224,673 CAD
  • Listing ID: 38032924

  • Date on Market: 2025-10-10

  • Last Updated:

  • Address: 251 N Main St, Branford, CT 06405

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