$2,950,000
Active93 Cherry Street G1, G2, H1 & H2
New Canaan, Connecticut, 06840 · Fairfield County
0
Beds
1
Baths
3,200
Sq Ft
1976
Built
MLS # 24186112
Price / Sq Ft
$922
Property Type
Commercial For Sale
Lot Size
0
Class
Property
About This Property
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
Property Details
93 Cherry Street G1, G2, H1 & H2, New Canaan Connecticut 06840 — Commercial For Sale listed at $2,950,000.
At a Glance
0
Bedrooms
1
Bathrooms
3,200
Sq Ft
0
Lot Size
--
Garage
1976
Year Built
The Details
Property Details
Financial
Property Features
Location & Community
All Photos (32)
Similar Properties
This listing is +84% vs the New Canaan median. Verify against same-school-district comps before competing offers.
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$2,950,000
Listing Agent
Bob Jr Virgulak
Century 21 AllPoints Realty