$1,360,000

93 Elm Street, Old Saybrook, CT 06475

  • 2 baths |
  • 6,897 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $197/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 28, 2025 at 09:35PM
Listing Office:
Century 21 AllPoints Realty : (860) 263-2121
Listing Agent:
Tyler DeVecchis : (860) 966-9217
MLS ID:
24136197
  • General: Fire Suppression SystemPublic Restrooms
  • Flooring: Concrete
  • A/C: Central AirSplit System
  • Heating: Hot AirNatural Gas
  • General: Storage BuildingGuttersPole Sign
  • Parking: Parking spaces: 16
  • Roofing: Asphalt ShingleFiberglass Shingle
  • Road/Access: State RoadPaved Road
  • County: Middlesex
  • Zoning: B-21027096
  • Utilities: ElectricGasTelephoneCable
  • Water: Public Water Connected
  • Sewer: Septic

This listing courtesy of Tyler DeVecchis, Century 21 AllPoints Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kathleen E. Goodwin School

80 Old Boston Post Rd, Old Saybrook, CT, 06475

Grades PK-6

0.66 miles away

O

Old Saybrook Middle School

60 Sheffield St, Old Saybrook, CT, 06475

Grades 5-8

0.70 miles away

O

Old Saybrook Senior High School

1111 Boston Post Rd, Old Saybrook, CT, 06475

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.