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Investment Highlights

  • Prime second-floor office condominium in the heart of downtown New Canaan, just steps from the train station and local amenities.
  • Four assigned parking spaces and zoning as-of-right for medical use, with a proven history of legal, financial, and healthcare tenants.
  • Efficient layout featuring three private offices, reception area, conference space, and front storage, ideal for professional or small business use.

Property Facts

Total Building Size 30,000 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 2
Typical Floor Size 15,000 SF
Year Built 1971
Parking Ratio 0.13/1,000 SF

Amenities

  • 24 Hour Access
  • Air Conditioning

1 Unit Available

Unit 6A

Unit Size 1,069 SF
Price $600,000
Price Per SF $561.27
Condo Use Office/Medical
Sale Type Investment or Owner User
Cap Rate 5.50%
NOI $33,000
No. Parking Spaces 4
Description

Prime location in the heart of New Canaan, this second floor office condominium space is the perfect, quiet location for professionals or small business. It consists of three offices, a reception space, a front storage room, and a conference room area. It is in close proximity to the New Canaan Train Station and walking distance to all New Canaan has to offer. This office also comes with four assigned parking spaces. This space has been previously used by a law firm, financial consultants, and as a regional office for a chain of child care facilities and is zoned as of right for medical use.

Sale Notes

Prime investment opportunity.

Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100
  • Listing ID: 31845462

  • Date on Market: 5/17/2024

  • Last Updated:

  • Address: 39-51 Pine St, New Canaan, CT 06840

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