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Investment Highlights

  • Located in a B-2 Business Zone with strong traffic counts and adjacency to national retail brands like Burger King and Stop & Shop.
  • Features two buildings: the front building with three drive-in bays and the rear building with two drive-in bays, both equipped with high ceilings and
  • A clean environmental report is on file, and six underground storage tanks were removed in 2019.
  • Positioned on 0.51 acres along Boston Post Road with 100 feet of frontage and convenient access to Main Street, Old Saybrook Shopping Center, and the
  • Includes significant equipment such as POS terminal, compressors, storage containers, canopy, kerosene pump/tank, and heating systems.
  • Owner has maintained an active gas license, allowing the property to be reused for fuel services.

Executive Summary

Presently this is an automotive repair facility that used to be a Gas Station. 6 Tanks were removed by owner July, 2019. 3 gas (3,000 gal each), 1 diesel (3,000 gal), 1 waste oil (550 gal), 1 fuel oil (550 gal). Clean environmental report. B-2 Zoned location. many uses allowed. Building # 1 = 1856 SF with 3 bay overhead doors, Ceiling height: 12 Ft. Building #2 (rear) = 2,400 SF with 2 overhead doors, Ceiling height: 18 Ft. Acres: 0.51. Heating: oil & waste oil / hot air. Taxes: $10,831. Items remaining: compressors, sign, storage containers, canopy, POS terminal, furniture, kerosene pump/tank, heaters. 200 amp electric service for both. Well & septic. City water is available. Frontage: 100 Ft. Traffic Count: 14,100. Next to intersection to Main Street & Old Saybrook Shopping Center. Abuts Burger King. Up the street from the train station.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
4,256 SF
Building Class
C
Year Built
1966
Price
$1,301,475 CAD
Price Per SF
$305.80 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.51 AC
Zoning
B2
Parking
25 Spaces (5.87 Spaces per 1,000 SF Leased)
Frontage
90’ on Boston Post Rd

Amenities

  • Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100

Nearby Major Retailers

Anytime Fitness
Starbucks
KeyBank
Stop & Shop
Club Pilates
Jazzercise
Bank of America
Charles Schwab
Liberty Bank
Ascend Bank

Property Taxes

Property Taxes

Parcel Number
OSAY-000037-000055
Land Assessment
$501,877 CAD
Improvements Assessment
$297,018 CAD
Total Assessment
$798,895 CAD
  • Listing ID: 11971736

  • Date on Market: 2018-03-19

  • Last Updated:

  • Address: 621 Boston Post Rd, Old Saybrook, CT 06475

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