Log In/Sign Up
Your email has been sent.
26 Forest Street 26 Forest St 4,890 SF 100% Leased Retail Building New Canaan, CT 06840 $2,495,000 ($510.22/SF) 5.23% Cap Rate
Investment Highlights
- Prime Location
- 100% Tenancy
- High-Visibility Storefront
- Adjacent to Pocket Park
Executive Summary
Positioned in the heart of downtown New Canaan, 26 Forest Street offers investors and owner-users a rare opportunity to acquire a boutique commercial asset in one of Fairfield County’s most sought-after towns.
Situated along the highly desirable Forest Street retail corridor, the property benefits from strong pedestrian traffic, attractive storefront visibility, and immediate proximity to the town’s primary retail concentration at Elm & Main Street. Surrounded by affluent demographics and within walking distance to the Metro-North Railroad station, 26 Forest Street sits in a high barrier-to-entry market with limited inventory.
An ideal opportunity for an investor seeking long-term stability or an owner-user looking to establish a presence in one of the region’s premier downtown environments.
*Need 24 hours notice for Showings*
Situated along the highly desirable Forest Street retail corridor, the property benefits from strong pedestrian traffic, attractive storefront visibility, and immediate proximity to the town’s primary retail concentration at Elm & Main Street. Surrounded by affluent demographics and within walking distance to the Metro-North Railroad station, 26 Forest Street sits in a high barrier-to-entry market with limited inventory.
An ideal opportunity for an investor seeking long-term stability or an owner-user looking to establish a presence in one of the region’s premier downtown environments.
*Need 24 hours notice for Showings*
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,890 SF
Building Class
B
Year Built
1989
Price
$2,495,000
Price Per SF
$510.22
Cap Rate
5.23%
NOI
$130,560
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.25
Lot Size
0.09 AC
Zoning
Retail B - *See pages 78 & 79 of New Canaan Zoning Regulations for further details*
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Gelatissimo Artisan Gelato
- Accommodation and Food Services
- -
- -
- -
- The Studio For Performing Arts
- Arts, Entertainment, and Recreation
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Gelatissimo Artisan Gelato | Accommodation and Food Services | - | - | - | ||
| The Studio For Performing Arts | Arts, Entertainment, and Recreation | - | - | - |
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NCAN-000000-T000067-000727 | Improvements Assessment | $553,350 |
| Land Assessment | $840,000 | Total Assessment | $1,393,350 |
Property Taxes
Parcel Number
NCAN-000000-T000067-000727
Land Assessment
$840,000
Improvements Assessment
$553,350
Total Assessment
$1,393,350
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
