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
18
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
$5,423 (July 2025-June 2026)
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
Listing courtesy of Century 21 AllPoints Realty — Bob Jr Virgulak · (203) 327-0021

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