000 Boston Post Road, Old Saybrook, CT 06475 (MLS # 24137029)

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PRICE $3,500,000 SIZE 205,603 sqft LOT SIZE 42,254 sqft

Prime Mixed-Use Investment & Development Opportunity - Old Saybrook, CT Attention investors, developers, restauranteurs, and retail property owners. Situated on a high-visibility corner lot along Boston Post Road, this mixed-use property combines strong existing income with exceptional development potential in one of the shoreline's fastest-growing markets. The offering includes: A 9,060 SF fully renovated commercial building currently operating as a restaurant with banquet space, lounge, private office, dining areas, waiting room, and multiple restrooms. A 1,300 SF single-family residence generating rental income. 3.7 acres of land (approx. 70% developable, 30% wetlands) with expansion potential for retail or multifamily/apartment buildings. Shared and expanded parking lots service both structures. Old Saybrook has seen a wave of successful mixed-use and retail/residential developments along Boston Post Road, including 907 Boston Post Rd. (Saybrook Junction redevelopment) and 980 Boston Post Rd. (commercial/retail expansion)-demonstrating the town's strong demand for high-quality investment property. All assets (commercial building, residence, and land) are to be sold together. Final approvals subject to buyer due diligence with Town of Old Saybrook Planning & Zoning. Contact listing agent for walk through and showing today!