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38 North Main St, Branford, 06405

Commercial/Investment - Retail For Sale

$850,000

Beds
Baths
2,716Sqft
.3Acres
1868Built
115DOM
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

Amenities

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

Interior

Heating: Hot Air, Oil
Cooling: Wall Unit

Exterior

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

Financials

$/SqFt: $313

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

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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