93 Cherry Street #G1, G2, H1 & H2, New Canaan, CT 06840
sale
$2,950,000
|
Commercial-Other
Listed By CENTURY 21 AllPoints Realty
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
Dry, Level Lot
Dry, Level Lot
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Property 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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