93 Elm Street Active Save Request In-Person Tour Request Virtual Tour
Old Saybrook,CT 06475
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,897 sqft
Price per Sqft $195
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
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