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161 Cherry St

16,000 SF 92% Leased Office Building New Canaan, CT 06840 For Sale

Investment Highlights

  • Price JUST REDUCED
  • Onsite parking field for 43 vehicles
  • 15,750 SF Attractive, Premier New Canaan Office Building

Executive Summary

• Attractive 15,750 SF three-story, 1980 brick office building—busiest commercial street, downtown district.
• Major tenant Stamford Health System since 2004—occupies full floor, 5,250 SF.
• Less than 10 minutes from both I-95 and the Merritt Parkway.
• Onsite parking lot for 43 cars, additional street/reserved municipal parking.
• New fire alarm system and new 24/7 electronic door access for tenants.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
16,000 SF
Building Class
B
Year Built/Renovated
1979/1988
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,333 SF
Slab To Slab
8’
Building FAR
0.82
Lot Size
0.45 AC
Zoning
700
Parking
48 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Central Heating
  • Direct Elevator Exposure
  • Natural Light
  • Drop Ceiling
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 1,357 SF
  • Office
  • -
  • Now

Recently painted and newly carpeted office suite with five offices, reception area and conference room. Three-story professional office building with onsite parking, full-service elevator, less than 10 minutes from both I-95 and the Merritt Parkway. Security system and 24/7 electronic door access.

Space Size Space Use Condition Available
2nd Floor 1,357 SF Office - Now

2nd Floor

Size
1,357 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size 1,357 SF
Space Use Office
Condition -
Available Now

Recently painted and newly carpeted office suite with five offices, reception area and conference room. Three-story professional office building with onsite parking, full-service elevator, less than 10 minutes from both I-95 and the Merritt Parkway. Security system and 24/7 electronic door access.

Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NCAN-000000-T000072-000744
Land Assessment
$1,995,000
Improvements Assessment
$1,470,210
Total Assessment
$3,465,210
  • Listing ID: 24611621

  • Date on Market: 12/6/2021

  • Last Updated:

  • Address: 161 Cherry St, New Canaan, CT 06840

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