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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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Bought with Non Member • SmartMLS, Inc.