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39-51 Pine St
New Canaan, CT 06840

$600,000 USD

Medical Condo For Sale  •  1,069 SF

Property Details

  • Property Type Medical
  • Total Building Size 30,000 SF
  • Building Class B
  • Year Built 1971
  • Cap Rate 5.50 %
  • Tenancy Multiple
0 Transit Score
82 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 6A Medical Office 1,069 SF $600,000 USD
  • Unit Size: 1,069 SF
  • Condo Use: Medical Office
  • Price: $600,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $561.27 USD
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.

Highlights

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

Property Flyers

Financial Summary

Cap Rate: 5.50 %
Total Expenses: $16,112 USD

Major Tenants

Tenant SF Occupied Lease End Date
Devon Suozzi, LCSW

Amenities

  • 24 Hour Access
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
New Canaan Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 5 min 0.2 mi
Talmadge Hill Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 2.4 mi
Transit/SubwayDriveWalkDistance
New Canaan Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 3 min 0.1 mi
AirportDriveWalkDistance
Westchester County 31 min - 19.9 mi
LaGuardia 63 min - 41.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
John Engel 203-247-4700 Douglas Elliman
John Engel 203-247-4700 Douglas Elliman