NEWLY LISTED
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$1,050,000 USD
93 Elm St
354, Connecticut 06475
USA
354, Connecticut 06475
USA
640.731 m2 ::
6,897 sqft
Commercial for Sale, Other Commercial Property
Sale price per sqm: 1,638.7
Tax: 8,372 USD
Remarks:
VERSATILE MIXED-USE OPPORTUNITY | PRIME OLD SAYBROOK LOCATION. Welcome to 93 Elm Street, Old Saybrook - a rare mixed-use asset offering strong in-place income, exceptional visibility, and significant upside potential for investors and owner-operators alike. Strategically positioned at the entrance to the high-traffic Stop & Shop/Walmart Plaza and directly across from a newly developed 250+ unit apartment community, this property benefits from consistent traffic flow and immediate access to I-95 via the Elm Street exit. NEW SEPTIC! The well-maintained building offers a flexible configuration suited for multiple income streams and uses: Two fully leased residential apartments with separate utilities and brand-new Navien heating systems, providing stable, consistent cash flow. One private office space ideal for professional or administrative use * Two commercial units currently combined into a turnkey restaurant, featuring a full dining room, takeout area, prep space, commercial kitchen, liquor license, new FF&E, ANSUL fire suppression system, walk-in cooler, multiple sinks, and ADA-compliant restrooms - easily adaptable for restaurant, cafe, deli, or alternative food concepts. Garage with conversion potential, additional warehouse/storage space, and a partially finished basement/cellar offering operational flexibility and expansion capability. The exterior features a newly paved parking lot with 16 spaces, a finished outdoor patio ideal for dining or gathering.
Features:
- Year Built: 1950
Location:
93 Elm St, 354, Connecticut 06475, USA
Listed By CENTURY 21 AllPoints Realty
The Commercial for Sale, Other Commercial Property located at 93 Elm St, 354, Connecticut 06475, USA is currently for sale. 93 Elm St, 354, Connecticut 06475, USA is listed for $1,050,000 USD. This property has 6,897 sqft. If the property located at 93 Elm St, 354, Connecticut 06475, USA isn't what you're looking for, search Connecticut Real Estate to see other Commercial For Sale in 354.
