CT > Old Saybrook
Old Saybrook, CT 06475,93 Elm Street
Old Saybrook, CT 06475,93 Elm Street
Old Saybrook, CT 06475,93 Elm Street
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Jennifer Albert

Jennifer Albert

+1(860) 883-8767
$1,500,000
Est. payment /mo
2 Baths
6,897 SqFt
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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 Located at 93 Elm Street in Old Saybrook, this prime mixed-use property offers strong income, high visibility, and flexible commercial space-ideal for investors or owner-operators. Positioned at the entrance to the busy Stop & Shop/Walmart Plaza and across from a new 250+ unit apartment complex, it enjoys excellent accessibility just off the I-95 Elm Street exit. The property features two fully leased apartments with separate utilities and new Navien heating systems, generating steady rental income. The turnkey restaurant includes a liquor license, new FF&E, ANSUL fire suppression system, walk-in cooler, multiple sinks, ADA-compliant bathrooms, and seating for 40+. Its flexible layout supports both dine-in and takeout operations, perfect for a cafe, deli, or full-service concept. Additional highlights include a private office, commercial space with bath potential, partially finished basement, warehouse/storage areas, and a large garage with conversion potential. A newly paved lot offers parking for 16 cars, and a finished patio expands outdoor dining options. A new septic system adds peace of mind. Whether you're seeking a flagship location, a mixed-use investment, or room to grow your vision, 93 Elm delivers turnkey income and long-term potential in a thriving commercial hub.

Location

State CT

County Middlesex

Zoning B-2

Interior

Interior Features Fire Suppression System, Living Space Available, Public Restrooms, Window Display

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

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Listed by Joe Wren • William Raveis Real Estate

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agent

Jennifer Albert

+1(860) 883-8767

Agent | License ID: RES.0820984

Agent License ID: RES.0820984

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