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Jay Contessa

jcontessa@wpsir.com +1(203) 461-3880

$ 2,950,000

Est. payment | -/mo

1 Bath

3,200 SqFt

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$ 2,950,000

Est. payment | -/mo

Save Virtual Tour

1 Bath

3,200 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $921

MLS Listing ID 24186112

Half Baths 1

Year Built 1976

Annual Tax Amount $5,423

Property 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

Location

State CT

County Fairfield

Zoning 700

Interior

Heating Heat Pump

Cooling Central Air

Flooring Vinyl, Wall-to-Wall Carpet

Exterior

Exterior Feature Sidewalk, Terrace, Gutters, Lighting

Parking Features Paved, Off Street Parking, Parking Lot

Utilities Available Electric

Roof Type Composition,Flat

Building

Lot Description Dry, Level Lot

Story 2

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Others

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Listed by Bob Jr Virgulak • Century 21 AllPoints Realty

Nearby Locations

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Jay Contessa

REALTOR® | Lic# RES.0816734

jcontessa@wpsir.com

+1(203) 461-3880

470 Main Street, Ridgefield, CT, 06877

93 Cherry Street #G1 New Canaan, CT 06840

Jay Contessa

Key Details

Location

Interior

Exterior

Building

Others

93 Cherry Street #G1