5 months ago
Branford, Connecticut - O,R&L Commercial, LLC sold two parcels on North Main Street (Route 1) in Branford, CT for a total sale price of $1M. 206 North Main Street consisted of 1.20± acres of commercial land and sold for $550,000. 200 North Main Street consisted of a 6,760± SF auto repair building on 0.66± acre, the former Carriage Shop property, and sold for $450,000. Frank Hird, SIOR of OR&L Commercial in Branford represented both the Seller of the two parcels – Carriage Motors LLC and the buyer of both, Premier 205 North Main Realty LLC.
The new owner is planning automotive uses for both properties and is the owner of Premier Kia and Premier Subaru in Branford, which is one of America’s largest Subaru dealerships selling automobiles throughout Connecticut, New York, New Jersey, Massachusetts, Rhode Island and the rest of New England and beyond. Premier Subaru in Branford, presently located at 148-160 North Main Street is currently in the process of building their brand new “Green” high tech facility located at 155 North Main Street. The new facility will provide a world class experience to clients and employees and will be one of the largest Subaru dealership facilities in the Northeast. The expanded showroom will host more than 8 cars and waiting areas will offer comfortable accommodations for more than 40 people, as well as quiet areas. The service department will be larger than the entire existing Subaru building and will have 2 complete Express Bays, 2 alignment racks and more than 30 service bays. In addition, it will have a Parts and Accessory Gallery, and a Heritage Museum where there will be rare Subaru models, some never even sold in the U.S.! Branford’s new Subaru dealership should be ready and operational by October 1, 2019. The former Subaru dealership property at 148-160 North Main Street, consisting of 13,144 SF on 2.05 acres is presently on the market for Sale or Lease with Frank Hird, SIOR at O,R&L Commercial in Branford.
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.
O,R&L Integrated Services is a full service real estate firm that specializes in Commercial Real Estate Brokerage, Commercial Construction, and Facility Management and Maintenance. 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.