93 Cherry Street #G1, G2, H1 & H2 New Canaan, CT 06840

Commercial-Other MLS #: 24186112 Listed By CENTURY 21 AllPoints Realty

$2,950,000

1 half baths | 3,200 sq ft
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Property InformationDescription

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

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Features

  • Age: 41-50 Years Old
  • Building Area: 3200.00 SF
  • Cross Docks: N
  • Exterior: Sidewalk
  • Exterior Living Space: Terrace
  • For Auction: N
  • Half Bathrooms: 1
  • Heating Type: Heat Pump
  • Lot Description: Level
  • Lot Size In Text: 0 Sq. Ft.
  • MLSID: 24186112
  • Parking Places: 12
  • Price Upon Request: N
  • Sewer: Public
  • Style: Other Style
  • Sublease: N
  • Taxes: $5423.00
  • Water: City Water
  • Year Built: 1976
  • Zoning: 700

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93 Cherry Street #G1, G2, H1 & H2, New Canaan, CT 06840
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