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Property profile & analytics
OFF-MARKET
Office Spaces

93 Cherry St G1 New Canaan, CT 06840

715 SF Built 1976
Individually Owned 24-yr Hold Free & Clear
Property ID
US15-0566945
Property summary
AI-generated overview

This exceptional 750-square-foot office condo is located at 93 Cherry Street in New Canaan, Connecticut, zip code 06840. Situated on the first floor of a highly visible building, this space enjoys exposure to approximately 8,000 vehicles daily, thanks to excellent signage opportunities. The property is ideally suited for either retail or office use, offering a single-tenant occupancy. The unit boasts a private bathroom and entrance, providing a high degree of privacy and convenience. Climate control is ensured by a dedicated HVAC system and individual thermostat. Large windows flood the space with natural light, creating a bright and welcoming atmosphere. This prime location offers excellent proximity to the heart of New Canaan's town center and bustling business district. The building also houses a well-established real estate firm on the second floor. This is the last available space in the building, making it a truly unique opportunity. The property is classified as a traditional office space and is a single-tenant occupancy.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1976
Total area 715 SF
Zoning code 700
APN NCAN M:000T B:076 L:658 U:G1
UPID US15-0566945
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brown Harris Stevens Real Estate Agency
  • Dharma Drum Mountain Buddhist Association Fairfield County Branch Association / Organization
  • Century Products LLC (Bike/Boat/Book/etc) Store Corporate Office
  • Contek International (Bike/Boat/Book/etc) Store Corporate Office
  • Nielsen & Co Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John Chen · 24 yrs held
John Chen
since 2001
2 recorded transactions
2001
$305,000
1990
$305,164
Zoning & alternative use
700 · New Canaan, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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