
$2,950,000 USD
Commercial for Sale, 93 Cherry Street #G1, G2, H1 & H2, New Canaan, Connecticut 06840
- MLS#24186112
- 1
297 m² (3,200 ft²)
Listed By CENTURY 21 AllPoints Realty
The Commercial Property for Sale located at 93 Cherry Street #G1, G2, H1 & H2, New Canaan, Connecticut 06840 is currently for sale. 93 Cherry Street #G1, G2, H1 & H2, New Canaan, Connecticut 06840 is listed for $2,950,000. This property has 1 bathroom.
Property features
Property
- Property size:
297 m² (3,200 ft²) - Features: Terrace
Lot/Land
- Lot description: LevelSidewalks
Construction
- Year built: 1976
Parking/Garage
- Parking spaces: 12
Bathrooms
- Total bathrooms: 1
- ½ bathrooms: 1
Exterior Features
- Outdoor spaces: Terrace
- Carport spaces:
Heating and Cooling
- Heating system: Heat Pump
Utilities
- Other utilities: City WaterPublic Sewer
Description
Rare investment & owner-user opportunity on the market in the heart of downtown New Canaan. 93 Cherry St. is an approx. 3,200sqft commercial property strategically positioned in one of Fairfield County's most desirable & supply-constrained markets. Well-maintained asset brings immediate income, long-term flexibility & exceptional value for investors, professional users & developers seeking a premier downtown location. Property Highlights*Prime downtown New Canaan location w/exceptional walkability & visibility*Private 12-space paved off-street parking lot & w/non-metered on-street parking-a significant competitive advantage in the downtown core*Strong in-place leases providing immediate cash flow & investment stability*Flexible Business A (BUSA) zoning*Potential for expansion or adaptive reuse, subject to zoning approvals & investor research diligence*Well-maintained office space w/minimal anticipated near-term capital expenditures*Attractive opportunity for investors, medical users, professional office occupants & mixed-use developers*Recent commercial sales in the surrounding area continue to demonstrate strong demand for boutique assets in downtown New Canaan, particularly properties that combine private parking, stable tenancy & future redevelopment potential. Historically limited inventory & significant barriers to entry, 93 Cherry St presents a compelling opportunity to acquire a high-quality commercial asset in one of Connecticut's most sought-after downtown markets
Location
93 Cherry Street #G1, G2, H1 & H2, New Canaan, Connecticut 06840