VERSATILE MIXED-USE OPPORTUNITY | PRIME OLD SAYBROOK LOCATION. Welcome to 93 Elm Street, Old Saybrook – a rare mixed-use asset offering strong in-place income, exceptional visibility, and significant upside potential for investors and owner-operators alike. Strategically positioned at the entrance to the high-traffic Stop & Shop/Walmart Plaza and directly across from a newly developed 250+ unit apartment community, this property benefits from consistent traffic flow and immediate access to I-95 via the Elm Street exit. NEW SEPTIC! The well-maintained building offers a flexible configuration suited for multiple income streams and uses: Two fully leased residential apartments with separate utilities and brand-new Navien heating systems, providing stable, consistent cash flow. One private office space ideal for professional or administrative use * Two commercial units currently combined into a turnkey restaurant, featuring a full dining room, takeout area, prep space, commercial kitchen, liquor license, new FF&E, ANSUL fire suppression system, walk-in cooler, multiple sinks, and ADA-compliant restrooms – easily adaptable for restaurant, cafe, deli, or alternative food concepts. Garage with conversion potential, additional warehouse/storage space, and a partially finished basement/cellar offering operational flexibility and expansion capability. The exterior features a newly paved parking lot with 16 spaces, a finished outdoor patio ideal for dining or gathering.
- 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
- Street:
- Elm
- Street Number:
- 93
- Floor Number:
- 0
- Longitude:
- W73° 37′ 3.1”
- Latitude:
- N41° 17′ 44”
- 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
- Property Type :
- Commercial For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24167568
- Price :
- $1,050,000
- 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
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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