93 Elm Street new Save Request In-Person Tour Request Virtual Tour
Old Saybrook,CT 06475
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,897 sqft
Price per Sqft $217
MLS Listing ID 24111166
Full Baths 2
Year Built 1950
Annual Tax Amount $8,372
Lot Size 0.450 Acres
Property Description
VERSATILE MULTI-USE COMMERCIAL BUILDING IN PRIME DOWNTOWN LOCATION Exceptional opportunity in the heart of downtown! This multi-use property, set beside a lively shopping plaza and across from 250+ new apartments, offers outstanding visibility and accessibility. The turnkey restaurant features all-new furniture, fixtures, and equipment complete with hood, ANSUL fire suppression, walk-in fridge, multiple sinks, and seating for 40+ with ADA bathrooms. Two separate apartments, each with new Navien heating, are currently leased for immediate income. Multiple storage spaces provide ample room for inventory or expansion, plus a private office and a unfinished basement for flexible uses. The paved lot accommodates 16 vehicles; a new septic system ensures efficiency and peace of mind. Ready for its next chapter, this property is ideal for a flagship restaurant, retail, residential, or a dynamic mixed-use hub. Benefit from instant cash flow, a fully equipped dining space, and versatile areas to grow your vision. Schedule your private tour and explore the possibilities!
Location
State CT
County Middlesex
Zoning B-2
Interior
Heating Hot Air
Cooling Central Air,Split System
Flooring Vinyl,Wall-to-Wall Carpet
Exterior
Exterior Feature Storage Building,Gutters,Pole Sign,Doors - under 10 ft
Parking Features Paved,Parking Lot
Utilities Available Electric,Gas,Telephone,Fire Suppression System
Roof Type Asphalt Shingle,Fiberglass Shingle
Building
Lot Description Corner Lot,Dry,Level Lot,Cleared
Story 2
Foundation Concrete
Sewer Septic
Water Public Water Connected