Freestanding Retail
For Sale
Contact for pricing
199 Elm St, New Canaan, CT 06840
Two freestanding buildings leased to eight tenants and positioned directly across from the Metro North station.
Property Size23,886 SF
Days on Market134
Property Features for 199 Elm St
General Information
Standard status
Active
Size
23,886 SF
Property subtype
Retail
Zoning
Business A
Building Details
Tenancy
Multi
Listing Agency:
Compass
(917) 370-9152
Listed By:
Lauren Curcio · License #10401313803
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 2:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
We are pleased to present 199 and 215 Elm Street, two freestanding retail buildings totaling 23,886 square feet. The properties are leased to eight tenants. Tenants at 215 Elm Street are on committed 10-year leases, while tenants at 199 Elm Street have a variety of expiration dates.
The buildings are located directly across from the New Canaan Metro North Train Station. The properties are set within the flexible Business A zone and can be used by an owner occupant.
Permitted uses within this zone include, but are not limited to, general office, residential, restaurant/outdoor dining, medical office, and personal service establishments.
The buildings are located directly across from the New Canaan Metro North Train Station. The properties are set within the flexible Business A zone and can be used by an owner occupant.
Permitted uses within this zone include, but are not limited to, general office, residential, restaurant/outdoor dining, medical office, and personal service establishments.
Key Highlights
- Two freestanding buildings at 199 and 215 Elm Street in New Canaan, CT, directly across from the Metro‑North Train Station
- Buildings total 23,886 SF and are leased to 8 tenants
- Tenants at 215 Elm Street are committed to 10‑year leases
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,518
Businesses Nearby
87k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Groceries 26%
Dining 14%
Home Improvements & Furnishings 6%
ACME Markets
Groceries
22,986 visits/mo
0.3 miles
Mobil
Shops & Services
10,284 visits/mo
0.1 miles
Gulf Oil
Shops & Services
6,685 visits/mo
0.2 miles
Starbucks
Dining
6,308 visits/mo
0.0 miles
Le Pain Quotidien
Dining
5,967 visits/mo
0.1 miles
Demographics for 06840, CT
20,612
Population
7,668
Households
2.7
Avg Household Size
42
Median Age
83%
College-Educated
98%
High-School Grad
22.2 sq mi
ZIP Area
928
Density / Sq Mi
$250,001
Median Household Income
$106,456
Median Earnings
$3,501
Median Rent
$1,534,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two freestanding buildings leased to eight tenants and positioned directly across from the Metro North station.
Where is this retail space located?
The property is located at 199 Elm St New Canaan, CT.
What are key features of this property?
This property features: Two freestanding buildings at 199 and 215 Elm Street in New Canaan, CT, directly across from the Metro‑North Train Station; Buildings total 23,886 SF and are leased to 8 tenants; Tenants at 215 Elm Street are committed to 10‑year leases
