‘Bank Building’ Downtown Is Sold for $2,450,000

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87 Main St. Credit: Michael Dinan

A New Canaan-based limited liability company has purchased a prominent downtown building for about $2.5 million, records show.

The company—1911 Bank Buliding LLC—purchased the commercial building at 87 Main St. for $2,450,000, according to a property transfer recorded May 8 in the Town Clerk’s office.

Known locally as “the bank building,” the 1911-built brick structure has been vacant since November 2015. 

It used to house the Indian restaurant Thali. Plans emerged weeks before the onset of the COVID-19 pandemic for a Japanese restaurant to open there, but nothing materialized.

Tax records show that the 6,400-square-foot building had sold for $4.2 million in 2006. In 2017, it was purchased for $1.7 million by a locally owned LLC, according to Connecticut Secretary of the State records.

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