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121-125 Main St 7,395 SF 100% Leased Retail Building Old Saybrook, CT 06475 $3,064,044 CAD ($414.34 CAD/SF)

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EXECUTIVE SUMMARY

Price Reduction! Great mixed-use opportunity. Fully leased office building with town-approved one-bedroom apartment on Second Floor with kitchen, full bath including washer/dryer. Great opportunity to own a mixed-use property on beautiful Main Street in Old Saybrook. Established salon with long term lease on first floor. The one bedroom apartment on the second floor has been carpeted and painted and has separate heat control from all office spaces. Opportunities exist for additional apartments with proper permitting. The front of the building faces the heart of Downtown Old Saybrook with shops, restaurants, art and dance studios and The Kate all within walking distance. The rear of the building faces Pine Street and boasts a 25-car parking lot surrounded by chain link fencing and a storage shed. Opportunities exist for other uses of this area with proper permitting. The building has a full sprinkler system with associated central station alarms. Easy access to RT. 95 and RT.9.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,395 SF
Building Class
C
Year Built
1918
Price
$3,064,044 CAD
Price Per SF
$414.34 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.74
Lot Size
0.23 AC
Zoning
B-1 - Light Business
Frontage
73’ on Main St

NEARBY MAJOR RETAILERS

Jazzercise
Bank of America
Charles Schwab
Liberty Bank
9Round
Stop & Shop Supermarket
Ascend Bank
Starbucks
Anytime Fitness
KeyBank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
OSAY-000037-000016
Land Assessment
$192,460 CAD
Improvements Assessment
$647,085 CAD
Total Assessment
$839,545 CAD
  • Listing ID: 37686347

  • Date on Market: 2025-09-15

  • Last Updated:

  • Address: 121-125 Main St, Old Saybrook, CT 06475

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