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Property Description
This sale includes two commercial office units (Units 1300 and 1400), offering a combined total of approximately 2,400 square feet across two floors. Unit 1300 is a first-floor unit, while Unit 1400 is located on the second floor. Well-maintained and updated, this bright, professional space spans both levels, each featuring brand-new flooring, private restrooms, and a clean, turnkey feel throughout. Unit 1300 is currently leased through May 2027, providing immediate rental income, while Unit 1400 offers flexibility for an owner-occupant or additional leasing potential. The layout lends itself well to professional offices, medical or wellness services, creative studios, or a variety of commercial uses. Conveniently located near the center of town yet tucked away for added privacy, the property offers plenty of off-street parking and a quiet, productive setting. An ideal opportunity for investors seeking stable income or business owners looking to secure their own space while offsetting expenses with an in-place tenant.
Features
Heating System:
Hot Air
Cooling System:
Central Air
Foundation Type:
Concrete
Heat Fuel Type:
Electric
Exterior Features:
Gutters, Lighting, Sidewalk, Pole Sign, Door Sign
Flooring:
Vinyl
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Highway Access, Downtown, Office Park
Lot Description:
Level Lot, Dry, Cleared
Water Source:
Public Water Connected
Address Map
Street:
Elm
Street Number:
123
Floor Number:
0
Longitude:
W73° 36′ 51.9”
Latitude:
N41° 17′ 47”
MLS Addon
Office Name:
William Pitt Sotheby’s Int’l
Agent Name:
Susan Malan
List Agent MLSID:
MALANS
List Office MLSID:
PSOTH51
Tax Year:
July 2025-June 2026
Directions:
GPS Friendly
HOA Fee Amount:
$520
HOA Fee Frequency:
Monthly
Parcel Number:
1027064
Property Tax:
$271
Unit Number:
13 & 14
Zoning:
B-2

Commercial For Sale

123 Elm, Old Saybrook, 06475

0 Bedrooms
0 Bathrooms
2,400 Sqft
$225,000
Listing ID #24154768
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24154768
Price :
$225,000
Bedrooms :
0
Baths Total :
3
Bathrooms :
0
Half Bathrooms :
3
Square Footage :
2,400 Sqft
Year Built :
1985
Lot Area :
0 Acre
City:
Old Saybrook
Zipcode:
06475
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…