Unique mixed-use investment and redevelopment opportunity. The ground-floor commercial spaces are fully occupied, providing immediate rental income, while the upper level offers approximately 3,540 square feet of office space. The expansive second floor may also offer the potential to be converted into two oversized three- or four-bedroom residential units, subject to zoning and municipal approvals. This property combines stable existing occupancy with significant value-add potential in a desirable shoreline location.
| MLS # | 24194226 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 97 |
| Listing Provided By | Roundtree Realty LLC | Javyn Roundtree |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 13,836 |
| Story(s) | 2 |
| Units | 7 |
| Zoning | B-2 |
| Acreage | 0.51 |
| Total Rooms | 0 |
|---|---|
| Cooling System | Central Air |
| Roof Information | Asphalt Shingle |
|---|---|
| Flooring | Tile, Wall-to-Wall Carpet |
| Utilities Available | Electric |
|---|---|
| Sewage System | Septic |
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 8456 |
| State | CT |
|---|---|
| County | Middlesex |
| City | Old Saybrook |
| Zip Code | 06475 |
| Area | N | A |
| Listing VS Median (in 06475) | |
Price: $1,450,000 low | high Med: $499,999 sqft: 13,836 low | high Med: 2,718 $ / sqft: $105 low | high Med: $184 On site: 97 low | high Med: 62 | |
| State | CT |
|---|---|
| County | Middlesex |
| City | Old Saybrook |
| Zip Code | 06475 |
| Area | N | A |
| Listing VS Median (in 06475) | |
Price: $1,450,000 low | high Med: $499,999 sqft: 13,836 low | high Med: 2,718 $ / sqft: $105 low | high Med: $184 On site: 97 low | high Med: 62 | |