Properties

Property Description

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.

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
$1,050,000
Listing ID #24167568
Basic Details
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
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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