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Brokerage
Posted: November 9, 2026
Saugatuck Commercial Real Estate brokers $2.1 million sale of fully leased Main St. retail in New Canaan, CT
New Canaan, CT Saugatuck Commercial Real Estate (SCRE) has completed the $2.15 million sale of the commercial property located at 107-111 Main St. Penny Wickey and Charlie Manuel of SCRE exclusively represented the seller, the Iannazzo family, and also procured the buyer, a local private investor from New Canaan in the transaction.
The 3,700 s/f, two-floor retail building occupies a highly visible position in the heart of downtown. At the time of the sale, the asset was 100% leased, by Fred Astaire Dance Studios and Luscious & Co Hair Salon.
“We are incredibly proud to have represented the Iannazzo family in the sale of this exceptional, fully leased downtown asset,” said Penny Wickey, principal of SCRE. “The property’s excellent Main Street location and generated substantial interest, highlighting the enduring value and strength of the New Canaan retail market.”
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Connecticut
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