Commercial Building on Main Street Sells for $4,650,000


78 Main St. in New Canaan, on Nov. 9, 2022. Credit: Michael Dinan

A prominent commercial building in downtown New Canaan sold last week for $4,650,000, property records show.

The 1940-built, two-story building at 78 Main St. was purchased by a limited liability company—Cassisi Group LLC—whose principal is a Cranston, R.I. resident, according to Connecticut Secretary of the State records.

The white-painted brick building was last sold in August 2014 for $3,850,000, tax records show.

It houses several service businesses, including wellness spa Calmë, Jaafar Tazi hair salon, Element Medical Aesthetics and Nail Page II. The offices of Voices Center for Resilience also are located in the building.

With several established businesses, such as locally owned New Canaan Music, as well as services establishments that have moved in, the block of Main Street between East and Locust Avenues has emerged as a bustling focal point in the downtown.

A Planning & Zoning Commission amendment to the town’s regulations allowing street-level services establishments in the heart of the downtown (so long as they set aside some space near the front for retail) allowed businesses such as StretchLab and Club Pilates to open three years ago on that block. And earlier this year, the Police Commission—following research on loading zones by then-Community Impact Officer Kelly Coughlin and Chamber of Commerce Executive Director Laura Budd—converted a loading zone in front of Greenology to all-day 15-minute spaces in order to accommodate delivery services and quick pick-ups.

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