Old Saybrook, Connecticut 06475
Price
$925,000
Prime Commercial Opportunity in Old Saybrook's Shoreline Community 1,938 SF building with large display windows, abundant natural light, and a strategic location with 400' of road frontage across three streets. Situated at the signalized intersection of Boston Post Road (US-1) and Elm Street, this high-traffic area is ideal for businesses seeking visibility and accessibility. Located in a high-density area, the property is directly across from a bustling shopping center, major retailers, restaurants, and various service businesses. Zoned in the B-1 Central Business District, it accommodates a wide range of uses, including retail stores, professional offices, banks, financial institutions, healthcare providers, and medical/dental clinics. Currently set up for food service, the building includes a kitchen, WIC freezer, two hoods, counter, dining area, and two accessible restrooms. Outdoor dining is permitted, though no drive-thru is available. Ample parking and high visibility and limitless business opportunities. Additional features include a grandfathered freestanding sign with sign allowances. Potential tenants are available. For more information, reach out to agents directly. Ideal for a franchise or various business ventures! Property being sold as is. Buyers and agents to do their diligence as to the condition of the property. Currently unoccupied. Cap Rate is placeholder based on assumptions depending on the tenant and using average sq foot rates in area
Listed by William Raveis Real Estate, Joe Wren. Data sourced from SmartMLS