Financial
Distress signals
Property profile

70 Main St New Canaan, CT 06840

OFF-MARKET
Other commercial real estate
Property ID
US15-0739033
9,808 SF 0.21 ac lot Built 1991
Last sale Feb 2018 · $3,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 70 Main Street is a retail space located in New Canaan’s “Golden Triangle” shopping area, directly in front of Town Hall. It is positioned within a mixed-use retail environment that includes stores, personal service providers, cafes, and restaurants. The space encompasses approximately 1,604 square feet and is configured for retail use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$46k
Tax billed · 2023
Assessed value$2.41M
Assessed land$1.42M
Assessed improvement$990k
Effective rate1.89%

Value estimate

· Sep 2026
$595k
$536k – $655k
AI approach$500k
Submarket $/SF estimate$685k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$233/SF
County average, outlier-cleaned · 754 recorded sales of this use type
Observed band · Q1–Q3$108 – $389
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RETA
JurisdictionNEW CANAAN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop13.1
Auto Parts Store12.3
Building Supply12.0

Location

70 Main St New Canaan, CT 06840-4760
County assessor Recorded deeds · 6 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Main, New Canaan, CT 06840-4730 $5,100,000 Dec 2025 12,146 SF
229 Elm, New Canaan, CT 06840-5310 $8,564,888 Jun 2025 23,983 SF
4 Elm, New Canaan, CT 06840-5501 $6,025,000 Jan 2025 5,454 SF
87 Main, New Canaan, CT 06840-4757 $2,450,000 May 2023 6,417 SF
78 Main, New Canaan, CT 06840 $4,650,000 Nov 2022 9,804 SF
11 Burtis, New Canaan, CT 06840-5532 $3,397,700 Dec 2021 13,135 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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