Improved Mixed-Use Land for Sale in Branford, Connecticut

A RARE INVESTMENT & MIXED-USE OPPORTUNITY WITH EXCEPTIONAL POTENTIAL! Situated on 1.75 acres at the highly visible corner of School Ground Road & Branford Road, this unique property straddles Branford & North Branford and offers an exceptional combination of INCOME POTENTIAL, FLEXIBLE SPACE & FUTURE POSSIBILITIES! The property's versatile configuration offers numerous possibilities: Residential, Professional or Individual Office Spaces, Medical Offices, or a combination of Residential & Commercial uses, subject to municipal approvals. INCOME POTENTIAL IS ALREADY IN PLACE! The 1st Fl features 4 RENOVATED UNITS, currently vacant, furnished & ready for occupancy or leasing. The 2nd Fl has 5 UNITS, 4 UNITS ARE CURRENTLY RENTED. Some units are furnished. The basement offers an additional office, walk-out access & an Overhead Door for convenient deliveries. What makes this property especially exciting is its FUTURE POTENTIAL. According to information obtained from the Branford & North Branford Zoning Depts., the property was originally zoned Residential. Buyers may wish to explore opportunities under the NEW MIXED-USE Guidelines that became effective July 1, 2026. Possible expansion of the existing building and/or additional development of this 1.75-acre site, subject to all municipal approvals. The Seller has drawings, maps & information regarding zoning discussions & possibilities previously explored by the former owner. EXTENSIVE IMPROVEMENTS HAVE ALREADY BEEN MADE! Major systems updated/replaced between 2022-2025 include a NEW ROOF, NEW OIL TANK, 2 NEW CENTRAL A/C SYSTEMS, NEW SEWER LINE, 2 NEW BATHROOMS, HOT WATER HEATER & ELECTRICAL SYSTEM UPDATES. UI provides electricity; North Branford provides water & sewer. Because the property crosses town lines, there are 2 tax bills: 85 School Ground Rd., Branford & 3 Branford Rd., North Branford. The Taxes reported above are from Branford. Total Taxes are over $8,000 annually. A small portion appears to be in a Flood Zone; the owner has not maintained Flood Insurance.