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17 Elm St
New Canaan, CT 06840
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Tall Windows
  • Flagstone Patio

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
1,980 SF
Building Class
B
Year Built
1940
Building Height
2 Stories
Building FAR
1.51
Lot Size
0.03 AC
Zoning
A
Frontage
1’ on Elm Street

ABOUT 17 ELM ST , NEW CANAAN, CT 06840

New to Market! Once in a generation opportunity to own in the center of the village of New Canaan. Commercial building that offers an important presence on the highly trafficked corner of “Main and Elm” in the heart of this storied business district. Long time family owned, high income producing retail spaces are the cornerstone of this opportunity. Continuously well maintained structure with recently upgraded roofs and AC. 17 Elm Street, two-story brick building with access from Elm Street. First and second floor retail total 1980 square feet plus useable basement. Private sunny flagstone patio provides almost 400 square feet of seating. Long term lease in place for first floor space, second floor space available for owner's use or to rent for income. Strategic corner location and opportunity to own two adjacent buildings accessing Elm & Main. Please see 107 Main St. listing which can be purchased separately or together. This is a rare chance to acquire or add to a legacy presence in a real estate investment portfolio.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NCAN-000000-T000043-000083
Land Assessment
$529,200
Improvements Assessment
$318,150
Total Assessment
$847,350
  • Listing ID: 15980757

  • Date on Market: 5/7/2019

  • Last Updated:

  • Address: 17 Elm St, New Canaan, CT 06840

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