Properties

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.

Features
Heating System:
Hot Air
Cooling System:
Central Air, Split System
Foundation Type:
Concrete
Heat Fuel Type:
Natural Gas
Exterior Features:
Storage Building, Gutters, Pole Sign
Flooring:
Concrete
Interior Features:
Fire Suppression System, Public Restrooms
Fireplaces Total:
0
Parking Total Spaces:
16
Location:
Highway Access, Shopping Mall
Lot Description:
Corner Lot
Water Source:
Public Water Connected
Address Map
Street:
Elm
Street Number:
93
Floor Number:
0
Longitude:
W73° 37′ 3.1”
Latitude:
N41° 17′ 44”
MLS Addon
Office Name:
Century 21 AllPoints Realty
Agent Name:
Tyler DeVecchis
List Agent MLSID:
841770
List Office MLSID:
13571
Tax Year:
July 2025-June 2026
Directions:
GPS Friendly In Stop and Shop Plaza or “Currey Queen”
HOA Fee Amount:
$0
Parcel Number:
1027096
Property Tax:
$8,372
Zoning:
B-2

Commercial For Sale

93 Elm, Old Saybrook, 06475

0 Bedrooms
2 Bathrooms
6,897 Sqft
$1,360,000
Listing ID #24136197
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24136197
Price :
$1,360,000
Bedrooms :
0
Baths Total :
2
Bathrooms :
2
Half Bathrooms :
0
Square Footage :
6,897 Sqft
Year Built :
1950
Lot Area :
0.45 Acre
City:
Old Saybrook
Zipcode:
06475
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent