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$2,950,000 USD
93 Cherry Street #G1, G2, H1 & H2
New Canaan, Connecticut 06840
USA
New Canaan, Connecticut 06840
USA
297.28 m2 ::
3,200 sqft
1 half bath
Commercial for Sale, Other Commercial Property
Sale price per sqm: 9,922.98
Tax: 5,423 USD
Remarks:
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
Features:
- Year Built: 1976
- Building age: 41-50 years old
- Property Features: Terrace
- Outdoor Space Description: Terrace
- Utilities: City Water, Public Sewer
- Heating System: Heat Pump
- Lot Description: Sidewalks, Level
- Number of parking spaces: 12
Location:
93 Cherry Street #G1, G2, H1 & H2, New Canaan, Connecticut 06840, USA
Listed By CENTURY 21 AllPoints Realty
The Commercial for Sale, Other Commercial Property located at 93 Cherry Street #G1, G2, H1 & H2, New Canaan, Connecticut 06840, USA is currently for sale. 93 Cherry Street #G1, G2, H1 & H2, New Canaan, Connecticut 06840, USA is listed for $2,950,000 USD. This property has 1 half bath and 3,200 sqft. If the property located at 93 Cherry Street #G1, G2, H1 & H2, New Canaan, Connecticut 06840, USA isn't what you're looking for, search Connecticut Real Estate to see other Commercial For Sale in New Canaan.
