Home / Listings / New Canaan
Active · For Sale
$2,950,000

93 Cherry Street Unit G1, G2, H1 & H2, New Canaan, Connecticut 06840

Studio beds 1 baths 3,200 sq ft Commercial For Sale Built 1976
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About this home

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

Status
Active
Type
Commercial For Sale
Price
$2,950,000
Beds
Studio
Baths
1
Interior
3,200 sq ft
Year Built
1976
MLS #
24186112
ZIP
06840
Days on Market
39
Heat
Electric · Heat Pump
Cooling
Central Air
Water
Public Water Connected
Sewer
Public Sewer Connected
Parking
Paved, Parking Lot, Off Street Parking

Flood risk: check the FEMA flood map for this address.

Taxes

Property tax
$5,513 (July 2026-June 2027)
Assessed value
$324,940

Interior

Flooring
Vinyl, Wall-to-Wall Carpet

Building & Exterior

Roof
Composition, Flat
Exterior features
Sidewalk, Terrace, Gutters, Lighting
Foundation
Concrete
Stories
2

Lot & Land

Zoning
700
Lot
Dry, Level Lot
Road frontage
State Road, Municipal Street, Paved Road

What it would cost per month

An estimate you can adjust — not a quote, and not an offer of credit. Principal and interest only, plus the taxes and HOA already on this listing. Insurance, PMI and closing costs are not included. Rate seeded at 6.5% (August 2026); change it to whatever your lender quotes.

/mo
principal & interest

What's nearby

Grocery
Walter Stewart's Market0.36 mi away · 7 min walk
Also nearby
Acme0.48 mi away · 10 min walk
Pharmacy
CVS Pharmacy0.2 mi away · 4 min walk
Train
New Canaan Station0.28 mi away · 6 min walkMetro-North Railroad
School zone
Check the district's school finder the MLS did not name one for this address
~0.4 miWalter Stewart's Market — 0.36 miAcme — 0.48 miCVS Pharmacy — 0.2 miNew Canaan — 0.28 mi
This homeGroceryPharmacyTrain

Real streets from OpenStreetMap; distances are straight-line from the property, not driving routes.

Distances are straight-line from the property, not driving or walking routes. Places data © OpenStreetMap contributors.

Listing courtesy of Century 21 AllPoints Realty — Bob Jr Virgulak · (203) 327-0021

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