Price Reduced 7.35%

$1,260,000

Est. Mortgage $6,125/mo *

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Listing courtesy of Tyler DeVecchis (860) 966-9217, Century 21 AllPoints Realty (860) 263-2121

Price History

$1,360,000
10/28/2025

$1,260,000
12/10/2025

93 Elm Street, Old Saybrook, CT, 06475

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0 beds

2 Full baths

1950

6,897 sqft

VERSATILE MIXED-USE COMMERCIAL & RESIDENTIAL BUILDING - PRIME OLD SAYBROOK LOCATION Welcome to 93 Elm Street, Old Saybrook - a rare mixed-use property offering income stability, high visibility, and unmatched flexibility for both investors and owner-operators. Positioned at the entrance to the busy Stop & Shop/Walmart Plaza and directly across from a brand-new 250+ unit apartment development, this property benefits from heavy traffic flow and excellent access just off the I-95 Elm Street exit. This well-maintained building is configured for multiple uses: - Two residential apartments, fully leased, with separate utilities and brand-new Navien heating systems, delivering steady rental income. - One private office space, ideal for professional use. - Two commercial units currently combined into one turnkey restaurant, featuring a full dining room, takeout counter, prep area, commercial kitchen, liquor license, new FF , ANSUL fire suppression system, walk-in cooler, multiple sinks, and ADA-compliant restrooms. The flexible layout can easily support dine-in, cafe, deli, or a new food concept. - Garage with conversion potential plus warehouse/storage space and a partially finished basement/cellar - offering additional functionality and expansion opportunities. Outside, the property boasts a newly paved lot with 16 parking spaces, a finished patio for out door dining, and a brand-new septic system for peace of mind. Seller is ready to make a deal and retire! All offers will be welcomed and considered.

Status:

Active

Type:

Commercial

Units:

Zoning:

B-2

Frontage:

State Road,Paved Road

Garage:

Paved, Parking Lot

Heating:

Hot Air

Cooling:

Central Air, Split System

Parking:

16-car

Acreage:

0.45

Est. Taxes:

$8,372

Assessment

$540,100

Utilities

Electric,Gas,Telephone,Cable

Lot Description:

Corner Lot

Days on Market:

MLS #:

24136197

Community Info

School Info

Walk Score

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Price History

93 Elm Street, Old Saybrook, CT, 06475

Community Info

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