Homes for sale - 93 Elm Street, Old Saybrook, CT 06475

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Dee Braaten

deebraaten@kw.com +1(203) 240-6120

$ 1,360,000

Est. payment | -/mo

2 Baths

6,897 SqFt

Save

$ 1,360,000

Est. payment | -/mo

Save

2 Baths

6,897 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,897 sqft

Price per Sqft $197

MLS Listing ID 24136197

Full Baths 2

Year Built 1950

Annual Tax Amount $8,372

Lot Size 0.450 Acres

Property Description

VERSATILE MIXED-USE COMMERCIAL & RESIDENTIAL BUILDING - PRIME OLD SAYBROOK LOCATION Welcome to 93 Elm Street, Old Saybrook - a rare mixed-use property offering income stability, high visibility, and unmatched flexibility for both investors and owner-operators. Positioned at the entrance to the busy Stop & Shop/Walmart Plaza and directly across from a brand-new 250+ unit apartment development, this property benefits from heavy traffic flow and excellent access just off the I-95 Elm Street exit. This well-maintained building is configured for multiple uses: - Two residential apartments, fully leased, with separate utilities and brand-new Navien heating systems, delivering steady rental income. - One private office space, ideal for professional use. - Two commercial units currently combined into one turnkey restaurant, featuring a full dining room, takeout counter, prep area, commercial kitchen, liquor license, new FF , ANSUL fire suppression system, walk-in cooler, multiple sinks, and ADA-compliant restrooms. The flexible layout can easily support dine-in, cafe, deli, or a new food concept. - Garage with conversion potential plus warehouse/storage space and a partially finished basement/cellar - offering additional functionality and expansion opportunities. Outside, the property boasts a newly paved lot with 16 parking spaces, a finished patio for out door dining, and a brand-new septic system for peace of mind.

Location

State CT

County Middlesex

Zoning B-2

Interior

Interior Features Fire Suppression System, Public Restrooms

Heating Hot Air

Cooling Central Air, Split System

Flooring Concrete

Exterior

Exterior Feature Storage Building, Gutters, Pole Sign

Parking Features Paved, Parking Lot

Utilities Available Electric, Gas, Telephone, Cable

Roof Type Asphalt Shingle,Fiberglass Shingle

Building

Lot Description Corner Lot

Foundation Concrete

Sewer Septic

Water Public Water Connected

Listed by Tyler DeVecchis • Century 21 AllPoints Realty

GET MORE INFORMATION

Dee Braaten

REALTOR® | Lic# RES.0757088 NY LIC# 1040120247

deebraaten@kw.com

+1(203) 240-6120

P.O. Box 1560, Stuart, FL, 34995, USA

93 Elm Street Old Saybrook, CT 06475

Dee Braaten

Key Details

Location

Interior

Exterior

Building

93 Elm Street