58 Pine St, 70 Pine St & 72 Grove St
3 Properties in New Canaan, CT
INVESTMENT HIGHLIGHTS
- Flexible Zoning—All Properties Located in Building A Zone
- Train Station Location—Outstanding Regional Accessibility
- Redevelopment or Owner-Occupant Opportunity
EXECUTIVE SUMMARY
We are pleased to present for sale 58 Pine Street, 70 Pine Street & 72 Grove Street in New Canaan, CT.
58 Pine Street, 70 Pine Street & 72 Grove Street are three contiguous properties totaling 1.49± acres ideally located in downtown New Canaan within walking distance of the Metro-North Train Station. The buildings total 33,198± SF and are leased to a number of tenants, all on month-to-month leases.
The property’s short-term leases allow for it to be delivered unencumbered for redevelopment of the site, which is set within the flexible Business A Zone, or an owner-occupant. Permitted uses within this zone include, but are not limited to, general office, residential, restaurant/outdoor dining, municipal, medical offices and service establishments.
58 Pine Street, 70 Pine Street & 72 Grove Street are three contiguous properties totaling 1.49± acres ideally located in downtown New Canaan within walking distance of the Metro-North Train Station. The buildings total 33,198± SF and are leased to a number of tenants, all on month-to-month leases.
The property’s short-term leases allow for it to be delivered unencumbered for redevelopment of the site, which is set within the flexible Business A Zone, or an owner-occupant. Permitted uses within this zone include, but are not limited to, general office, residential, restaurant/outdoor dining, municipal, medical offices and service establishments.
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 42,426 SF |
| Total Land Area | 1.49 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 58 Pine St, New Canaan, CT 06840 | Flex | 20,596 SF | 1949 | - |
| 70 Pine St, New Canaan, CT 06840 | Office | 20,676 SF | 1951 | - |
| 72 Grove St, New Canaan, CT 06840 | Retail | 1,154 SF | 1890 | - |
