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38 North Main St, Branford, 06405

Commercial/Investment - Retail For Sale


MLS® #: 170257353
Active, 115 Days on Market

For sale @ $850,000. Assumable 15 year $300,000 mortgage @4%. #38-40 North Main St: 0.79 Acre. Building #1:  1,962 SF, 2 Stories and is the “Jalapeno Heaven” Restaurant. Building #2:  754 SF, 1 Story, Cinderblock storage/maintenance. Building use: Restaurant / Clubs MDL96. Public Water & Sewer. Frontage: 166 Ft. on Route 1. Traffic Count: 16,900 on Route 1. At traffic-lighted intersection. Taxes: $9,383. Financials furnished upon request. Business & Real Estate: $1,190,000. Also: Business at this location is for sale called “Jalapeno Heaven” @ $375,000. Includes favorable lease. Annual sales: $900,000. 70% Food; 30% liquor. Established in 1991. Seating: 38 in main area; 38 on patio; 24 on 2nd floor (event room with bar).

Essential Information

MLS® #: 170257353
Price: $850,000
Bathrooms: 0.00
Square Footage: 2,716
Acres: 0.30
Year Built: 1868
Type: Commercial/Investment
Sub-Type: Retail
Status: Active

Community Information

Address: 38 North Main St
Area: Cherry Hill
City: Branford
County: New Haven
State: CT
Zip Code: 06405


Utilities: Electric, Telephone, Cable
Parking: Paved, Off Street Parking, Parking Lot
Garages: Paved, Off Street Parking, Parking Lot


Heating: Hot Air, Oil
Cooling: Wall Unit


Lot Description: Level Topography, Dry
Roof: Asphalt Shingle
Construction: Frame

Additional Information

Date Listed: December 10th, 2019
Days on Market: 115
Zoning: BL Local Business

Listing Details

Listing Office: Lyman Real Estate


$/SqFt: $313

©2020 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

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Listing data is deemed reliable but is not guaranteed accurate by the MLS.