93 Cherry G1, G2, H1 & H2 Street,New Canaan, CT 06840
New Canaan, CT 06840
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
Details
| MLS # | 24186112 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 78 |
| Listing Provided By | Century 21 AllPoints Realty | Bob Jr Virgulak |
Features
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 3,200 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | 700 |
Interior
| Total Rooms | 0 |
|---|---|
| Cooling System | Central Air |
Exterior
| Exterior Features | Sidewalk, Terrace, Gutters, Lighting |
|---|---|
| Roof Information | Composition, Flat |
| Foundation Type | Concrete |
| Flooring | Vinyl, Wall-to-Wall Carpet |
Parking
| Garage & Parking | Paved, Parking Lot, Off Street Parking |
|---|---|
| Parking Total Spaces | 12 |
Utilities
| Utilities Available | Electric |
|---|---|
| Sewage System | Public Sewer Connected |
Taxes
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 5513 |
Area Information
| State | CT |
|---|---|
| County | Fairfield |
| City | New Canaan |
| Zip Code | 06840 |
| Area | N | A |
| Listing VS Median (in 06840) | |
Price: $2,950,000 low | high Med: $2,122,000 sqft: 3,200 low | high Med: 3,239 $ / sqft: $922 low | high Med: $677 On site: 78 low | high Med: 31 | |
Market Activity 06840
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Learn More About This Property
| State | CT |
|---|---|
| County | Fairfield |
| City | New Canaan |
| Zip Code | 06840 |
| Area | N | A |
| Listing VS Median (in 06840) | |
Price: $2,950,000 low | high Med: $2,122,000 sqft: 3,200 low | high Med: 3,239 $ / sqft: $922 low | high Med: $677 On site: 78 low | high Med: 31 | |
