O,R&L Commercial brokers retail/bank building sale - $1.325 million

Branford, CT O,R&L Commercial has sold a 6,167 s/f retail / bank building located at 61 North Main St. on 0.95 acre. Located on one of the city’s most highly traveled commercial corridors Rte.1, the two-story banking location offers visibility, strong traffic counts and direct access to the town center and I-95. This freestanding brick building sits on a prime commercial lot and is surrounded by national retailers, local businesses, and amenities. There is 2,552 s/f of the building currently occupied by Ascend Bank (formerly known as Guilford Savings Bank / GSB), featuring walk-in and drive-through banking. The remaining available space in the building is flexible interior space and is suitable for a variety of retail or office uses, consisting of 1,801 s/f on the first floor and 1,790 s/f available on the second floor with elevator access.

J. Richard Lee and Sam Crampton of O,R&L Commercial represented the seller, Ascend Bank and Sam Crampton and Will Braun also of O,R&L Commercial in Branford represented the buyer, 61 NMS LLC. The property transferred for $1.325 million and O,R&L Commercial is representing the new owner for the leasing opportunity.