VERSATILE MULTI USE COMMERCIAL BUILDING IN PRIME DOWNTOWN LOCATION Located at 93 Elm Street in Old Saybrook, this prime mixed use property offers strong income, high visibility, and flexible commercial ...


Property

Website:https://www.nestseekers.com/4700590
Address:
93 Elm
Old Saybrook, CT 06475
Ownership: Commercial
Type: Commercial
Bathrooms: 2
Area: 6897 sq ft

Financials

Price:$1,350,000
Annual Taxes:$8,372

Description

VERSATILE MULTI-USE COMMERCIAL BUILDING IN PRIME DOWNTOWN LOCATION Located at 93 Elm Street in Old Saybrook, this prime mixed-use property offers strong income, high visibility, and flexible commercial space-ideal for investors or owner-operators. Positioned at the entrance to the busy Stop & Shop/Walmart Plaza and across from a new 250+ unit apartment complex, it enjoys excellent accessibility just off the I-95 Elm Street exit. The property features two fully leased apartments with separate utilities and new Navien heating systems, generating steady rental income. The turnkey restaurant includes a liquor license, new FF&E, ANSUL fire suppression system, walk-in cooler, multiple sinks, ADA-compliant bathrooms, and seating for 40+. Its flexible layout supports both dine-in and takeout operations, perfect for a cafe, deli, or full-service concept. Additional highlights include a private office, commercial space with bath potential, partially finished basement, warehouse/storage areas, and a large garage with conversion potential. A newly paved lot offers parking for 16 cars, and a finished patio expands outdoor dining options. A new septic system adds peace of mind. Whether you're seeking a flagship location, a mixed-use investment, or room to grow your vision, 93 Elm delivers turnkey income and long-term potential in a thriving commercial hub.

Amenities

  • Central Air
  • Doors - under 10 ft
  • Elementary School -
  • Fire Suppression System
  • Gutters
  • Handicap Parking
  • High School -
  • Intermediate School -
  • Living Space Available
  • Multiple Entries/Exits
  • Pole Sign
  • Public Restrooms
  • Split System
  • Storage Building
  • Window Display

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Joe Wren of William Raveis Real Estate