93 Elm Street, Old Saybrook, CT 06475 (MLS # 24111166)

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PRICE $1,500,000 dsIDX morgage calculator
SIZE 6,897 sqft
LOT SIZE 19,602 sqft

VERSATILE MULTI-USE COMMERCIAL BUILDING IN PRIME DOWNTOWN LOCATION Exceptional opportunity in the heart of downtown! This multi-use property, set beside a lively shopping plaza and across from 250+ new apartments, offers outstanding visibility and accessibility. The turnkey restaurant features all-new furniture, fixtures, and equipment complete with hood, ANSUL fire suppression, walk-in fridge, multiple sinks, and seating for 40+ with ADA bathrooms. Two separate apartments, each with new Navien heating, are currently leased for immediate income. Multiple storage spaces provide ample room for inventory or expansion, plus a private office and a unfinished basement for flexible uses. The paved lot accommodates 16 vehicles; a new septic system ensures efficiency and peace of mind. Ready for its next chapter, this property is ideal for a flagship restaurant, retail, residential, or a dynamic mixed-use hub. Benefit from instant cash flow, a fully equipped dining space, and versatile areas to grow your vision. Schedule your private tour and explore the possibilities!

DAYS ON MARKET 4 LAST UPDATED 7/19/2025
YEAR BUILT 1950 COUNTY Middlesex
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Frame
HEAT Forced Air
LOT 0.45 acre(s)
LOT DESCRIPTION Cleared, Corner Lot, Level
PARKING Paved, Parking Lot
SEWER Septic Tank
STORIES 2
TAXES 8372
WATER Public
ZONING B-2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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