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85 School Ground Road, Branford, CT, 06405 | $799,999
LOCATION, LOCATION, LOCATION! This property is a rare find. Great for Doctors'/Medical Offices, Separate Businesses, or Office Space. A fantastic building on 1. 75 Acres of land, located at the corner of School Ground Road and Branford Road in the towns of Branford and North Branford. This property can be expanded on according to the Town Hall's Zoning Dept. It has been well-maintained and renovated. Many of the mechanical systems have been updated and/or replaced over the past few years. There are a total of 10 units available in this building. The 1st floor has four units, all of which have been renovated and are currently vacant. The 2nd floor has five units, of which four are currently rented and furnished. Furnishings can stay or be removed. Oil Heat. 2 Central Air Systems. Full walk-out basement. Since 2022, the owner has installed a new roof, a new sewer line, new Oil Tank, new bathrooms & A/C Unit. Hot Water Heater was replaced in 2025. Electricity has all been updated. UI, not Eversource, services the property. The pole is located in North Branford. It's not within Eversource's service area. The town of North Branford provides water and sewer services. The Sewer Bill is approx. $500. The property straddles the towns of North Branford and Branford. There are two tax bills. 85 School Ground Rd. , Branford's Tax Bill is $1, 328. 94, and 3 Branford Rd. , North Branford's Tax Bill is $6, 711. 72 for a total of $8, 040. 66 annually. Four of the units are rented on a month-to-month basis. Rents are below market. The Town of North Branford may permit the property to have another building constructed on it. This can be discussed in detail with the owner. A small portion of the property appears to be in a Flood Zone. The owner has never had Flood Insurance.
Features
- Current Use: Individual Offices
- Permitted Use: Medical Offices, Doctor Offices, Office Space
- Utilities: Electric,Gas,Cable
- Garage: Parking Lot
- Parking: 10-car
- Heating: Hot Air
- Cooling: Central Air
- Units: 10
- Zoning: IG-1
- Frontage: State Road,Municipal Street
- Year Built: 1925
- Approx Sq. Feet: 2,325
- Acreage: 1.75
- Est. Taxes: $1,190
- Lot Desc: Some Wetlands,Sloping Lot
- MLS#: 24105087
- Website: https://www.raveis.com
/prop/24105087/85schoolgroundroad_branford_ct?source=qrflyer
Listing courtesy of Sunset Creek Realty, LLC Phone: (203) 453-2145
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Kevin DeTullioVP, Mortgage Banker / Production Manager, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1724767
203.305.5736
Kevin.DeTullio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Diane PadelliInsurance Sales Director, William Raveis Insurance
203.444.0494
Diane.Padelli@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Ray CashenPresident, William Raveis Attorney Network
203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
- Offers access to experienced closing attorneys at competitive rates
- Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies
85 School Ground Road, Branford, CT, 06405
$799,999
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Kevin DeTullio
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $639,999 | $639,999 | $639,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $99 | $99 | $99 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,786 | $3,993 | $5,229 |
| Total Monthly Payment | $3,977 | $4,184 | $5,420 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524