New Canaan, CT 06840,17 Elm Street

$1,275,000

Est. payment /mo

$1,350,000

5.6%
Est.Price: ?

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17 Elm Street New Canaan, CT 06840

1,980 SqFt

SOLD DATE : 01/13/2021

Key Details

Sold Price $1,275,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $643

MLS Listing ID 170294684

Sold Date 01/13/21

Year Built 1940

Annual Tax Amount $14,541

Lot Size 1,306 Sqft

Property Description

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.

Location

State CT

County Fairfield

Zoning Retail A

Interior

Heating Baseboard, Hot Air, Zoned

Cooling Central Air, Zoned

Flooring Vinyl, Wall-to-Wall Carpet

Exterior

Exterior Feature Awnings, Doors - under 10 ft, Lighting

Parking Features None

Utilities Available Electric, Telephone, Cable

Roof Type Rubber

Building

Story 2

Foundation Block

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Jack G. Trifero • William Pitt Sotheby's Int'l
Bought with Non Member • SmartMLS, Inc.
agent

Brian Burke

Agent | License ID: 0780445

+1(860) 798-3272

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