News

Branford, Connecticut 

O,R&L Commercial is pleased to announce the Sale of a prominent 6,167 Retail / Bank Building located at 61 North Main Street in Branford, CT on a 0.95 acre parcel. Located on one of Branford’s most highly traveled commercial corridors -- Route 1, the 2-story banking location offers exceptional visibility, strong traffic counts and direct access to Branford’s town center and I-95. This freestanding brick building sits on a prime commercial lot and is surrounded by national retailers, local businesses, and municipal amenities. There is 2,552± SF of the building currently occupied by Ascend Bank (formerly known as Guilford Savings Bank / GSB), featuring walk-in and drive-through banking. Ascend Bank, a leading community bank since 1875 has been serving Connecticut and neighboring states for over 150 years. 

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± SF on the 1st floor offered at $21/SF NNN and 1,790± SF available on the 2nd floor offered at $17/SF NNN with elevator access. 

J. Richard Lee and Sam Crampton of O,R&L Commercial in Branford 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 $1,325,000 and O,R&L Commercial is representing the new owner for the Leasing opportunity. 

O,R&L Commercial, LLC with offices in Branford and Rocky Hill represents landlords, tenants, sellers and buyers in the office, retail, medical, multi-family, investment and industrial markets. For additional information on this sale or other transactions you may contact O,R&L Commercial at 203-488-1555 and for more information regarding O,R&L Commercial, visit online at www.orlcommercial.com.