Elyse Harney Real Estate

Perfectly Located Investment Opportunity

$395,000 • 5966 sq.ft. • 0.37 acres • 5 BR • 3 BA
Off The Market
Four retail/professional units and two large apartments directly across from the North Canaan rail station. A signature building in Canaan with a solid rental history, high traffic count, tremendous income potential when apartments are occupied.
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Four retail/professional units and two large apartments directly across from the North Canaan rail station. A signature building in Canaan with a solid rental history, high traffic count, tremendous income potential when apartments are occupied.

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Four retail/professional units and two large apartments directly across from the North Canaan rail station. A signature building in Canaan with a solid rental history, high traffic count, tremendous income potential when apartments are occupied.

In the Community of:

Canaan, Connecticut – Litchfield County

EH# 3620 MLS# L10223128

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Listing Agent:



Residence Description

First Floor

Unit #1: Dance Studio, lease in place

Unit #2: Hair Salon, lease in place

Unit #3: Barber Shop, lease in place

Unit #4: vacant, former Bakery
Display area (9’ x 14’)
Work area (17’5” x 21’3”)
linoleum flooring, exhaust fan, work sink, utility room with half bathroom

Second Floor

Apartment #1: 6 rooms, 4 bedrooms, 2 full baths

Living Room: (19’2” x 21’2”) carpeted, picture window
Kitchen: (12’11” x 14’6”) tile flooring, double stainless steel sink, formica counters, pine cabinets, electric oven/range, refrigerator
Bedroom: (14’11” x 15’5”) carpeted, double closet, picture window, laundry area with washer/dryer
Bedroom: (17’10” x 20’10”) carpeted, triple closet, electric heat
Bedroom: (9’4” x 15’5”) carpeted, closet, separate sitting area (5’8” x 6’8”)
Full Bath: vinyl flooring, shower, linen closet
Bedroom: 12’8” x 12’10”) carpeted, closet, electric heat
Full Bath: vinyl flooring, whirlpool, shower

Apartment #2: 3 rooms, 1 bedroom, 1 bath

Kitchen: (19’1” x 21’7”) linoleum, stainless steel sink, formica counters, wood cabinets, gas oven/range, refrigerator
Bedroom: (12’10” x 13’1”) hardwood, closet
Office: (13’8” x 17’6”) hardwood
Full Bath: linoleum, tub/shower
Storage Room: (6’1” x 14’7”) entry door from driveway, stairs to basement

Garage: two car, detached, one automatic door opener, storage area above
Outbuildings: 3 storage sheds

Land

0.37 acres with parking for 5 cars in front of the stores and parking for 5 cars behind building. Traffic count of 7,700 vehicles per day in one of Canaan’s prime locations.

Pertinent Facts

Location: 62 Main Street, North Canaan, Connecticut
Land Size: 0.37 acres Map: 22 Lot: 275
Volume: 130 Page: 676
Survey: available Zoning: commercial
Frontage: 69’
Easements: see deed
Year Built: 1951
Square Footage: 5,966
Basement: full, partially above grade
Foundation: concrete
Attic: none
Laundry Location: in apartments
Floors: carpet, hardwood, tile, vinyl, linoleum
Windows: storms & screens, partially updated
Exterior: brick
Driveway: paved parking area and driveway
Roof: rubber membrane
Heat: radiators, 5 zones, combination oil/wood boiler with new burner in 2012, electric heat in two bedrooms
Oil Tank: two 275 gallon tanks in basement
Air-Conditioning: individual
Hot water: domestic, off of boiler with propane fired Energy Miser 65 gallon heater for summer months
Plumbing: mixed
Sewer: town sewer
Water: town water
Electric: 200 amp service, separate meters for commercial tenants
Generator: separate panel wired for generator
Sprinklers: in boiler area
Appliances: kitchen appliances in apartments
Annual Income: $21,600
Potential Annual Income: $53,400
Mil rate: $26.2                                               Date: 2016-17
Taxes: $8,065, plus $646 fire district    Date: 2016-17
Taxes change; please verify current taxes.
Listing Agent: Carol Staats/David Taylor
Listing Type: exclusive

Residence

First Floor

Unit #1: Dance Studio, lease in place

Unit #2: Hair Salon, lease in place

Unit #3: Barber Shop, lease in place

Unit #4: vacant, former Bakery
Display area (9’ x 14’)
Work area (17’5” x 21’3”)
linoleum flooring, exhaust fan, work sink, utility room with half bathroom

Second Floor

Apartment #1: 6 rooms, 4 bedrooms, 2 full baths

Living Room: (19’2” x 21’2”) carpeted, picture window
Kitchen: (12’11” x 14’6”) tile flooring, double stainless steel sink, formica counters, pine cabinets, electric oven/range, refrigerator
Bedroom: (14’11” x 15’5”) carpeted, double closet, picture window, laundry area with washer/dryer
Bedroom: (17’10” x 20’10”) carpeted, triple closet, electric heat
Bedroom: (9’4” x 15’5”) carpeted, closet, separate sitting area (5’8” x 6’8”)
Full Bath: vinyl flooring, shower, linen closet
Bedroom: 12’8” x 12’10”) carpeted, closet, electric heat
Full Bath: vinyl flooring, whirlpool, shower

Apartment #2: 3 rooms, 1 bedroom, 1 bath

Kitchen: (19’1” x 21’7”) linoleum, stainless steel sink, formica counters, wood cabinets, gas oven/range, refrigerator
Bedroom: (12’10” x 13’1”) hardwood, closet
Office: (13’8” x 17’6”) hardwood
Full Bath: linoleum, tub/shower
Storage Room: (6’1” x 14’7”) entry door from driveway, stairs to basement

Garage: two car, detached, one automatic door opener, storage area above
Outbuildings: 3 storage sheds

Land

0.37 acres with parking for 5 cars in front of the stores and parking for 5 cars behind building. Traffic count of 7,700 vehicles per day in one of Canaan’s prime locations.

Pertinent Facts

Location: 62 Main Street, North Canaan, Connecticut
Land Size: 0.37 acres Map: 22 Lot: 275
Volume: 130 Page: 676
Survey: available Zoning: commercial
Frontage: 69’
Easements: see deed
Year Built: 1951
Square Footage: 5,966
Basement: full, partially above grade
Foundation: concrete
Attic: none
Laundry Location: in apartments
Floors: carpet, hardwood, tile, vinyl, linoleum
Windows: storms & screens, partially updated
Exterior: brick
Driveway: paved parking area and driveway
Roof: rubber membrane
Heat: radiators, 5 zones, combination oil/wood boiler with new burner in 2012, electric heat in two bedrooms
Oil Tank: two 275 gallon tanks in basement
Air-Conditioning: individual
Hot water: domestic, off of boiler with propane fired Energy Miser 65 gallon heater for summer months
Plumbing: mixed
Sewer: town sewer
Water: town water
Electric: 200 amp service, separate meters for commercial tenants
Generator: separate panel wired for generator
Sprinklers: in boiler area
Appliances: kitchen appliances in apartments
Annual Income: $21,600
Potential Annual Income: $53,400
Mil rate: $26.2                                               Date: 2016-17
Taxes: $8,065, plus $646 fire district    Date: 2016-17
Taxes change; please verify current taxes.
Listing Agent: Carol Staats/David Taylor
Listing Type: exclusive


Listing Location

152-164 Main St, Canaan, CT 06018, USA


Agent Contact Information

Dave Taylor
Dave Taylor
DTaylor@HarneyRE.com
860-824-4384
View Agent's Page
Carol A. Staats
cstaats@harneyre.com
860-824-0027
860-248-1112
View Agent's Page

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Canaan, Connecticut – Litchfield County

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Falls Village CT Office
860-824-0027
9 Barnes Road
Falls Village, CT 06031
Elyse Harney and Elyse Harney Morris

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