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Office Building with Parking
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65 Locust Ave, New Canaan, CT 06840

Corner office property with ongoing capital improvements and on-site parking.

Property Size26,000 SF
Lot Size0.52 Acres
Days on Market142

Property Features for 65 Locust Ave

General Information

Standard status Active
Size 26,000 SF
Total Parking Spaces 90
Lot size 0.52 Acres
Property subtype Office
Occupancy 40%

Additional Details

Public Transit Yes

Building Details

Buildings 1
Building Size 26,000 SF
Parking Ratio 3.48 per 1,000 SF
Listing Agency: Avison Young - Fairfield Westchester
Listed By: Will Suarez · License #CT REB.0793144
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:39AM

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 Avison Young - Fairfield Westchester

Investment Insights

Based on property information with market context.

The property is a 26,000-square-foot office building on 0.52 acres at 65 Locust Avenue in New Canaan, Connecticut. Positioned at the corner of Cherry Street and Locust Avenue, the building is currently 40% occupied, with capital improvements in process. The site includes 90 parking spaces, providing a parking ratio of 3.48 spaces per 1,000 square feet.

The property is approximately 0.2 miles from Main Street and a few blocks from the New Canaan Train Station. Its office configuration, existing parking supply, and ongoing improvement program provide a clear physical foundation for continued office use.

Key Highlights

  • 26,000‑square‑foot office building on 0.52 acres
  • 90 parking spaces with a 3.48/1,000 SF parking ratio
  • Currently 40% occupied

Property Analytics

Current Use

New Canaan Pediatric ... Dental Office US Pharmaceutical Pharmacy Bert Bowler - Round ... Financial Advisor Littzi Eye Care: ... Medical Clinic InvestorCom, Inc. Financial Advisor

Suggested Use

Top Pick Daycare Center Locksmith Barber Shop Catering Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,503
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Corner office property with ongoing capital improvements and on-site parking.
Where is this office building located?
The property is located at 65 Locust Ave New Canaan, CT.
What are key features of this property?
This property features: 26,000‑square‑foot office building on 0.52 acres; 90 parking spaces with a 3.48/1,000 SF parking ratio; Currently 40% occupied
(203) 273-2036 Call to check price and availability
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