Homes for sale - 93 Elm Street, Old Saybrook, CT 06475

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Jul

Wed

Jul

Thu

Jul

Gold Door Realty

info@golddoorrealty.com +1(401) 343-7007

$ 1,500,000

Est. payment | -/mo

2 Baths

6,897 SqFt

Save

$ 1,500,000

Est. payment | -/mo

Save

2 Baths

6,897 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,897 sqft

Price per Sqft $217

MLS Listing ID 24111166

Full Baths 2

Year Built 1950

Annual Tax Amount $8,372

Lot Size 0.450 Acres

Property Description

VERSATILE MULTI-USE COMMERCIAL BUILDING IN PRIME DOWNTOWN LOCATION Exceptional opportunity in the heart of downtown! This strategically located mixed-use property at 93 Elm features fully leased residential apartments, a commercial office space (with potential bath), and a turnkey restaurant equipped for 40+ full dining and separate takeout operations. Additional amenities include a large garage (currently storage), basement, finished outdoor patio, and parking for 16 cars. Situated at the entrance of the Stop & Shop & Walmart Plaza, across from a new 250+ unit apartment complex, and just off the Elm Street exit from I-95, the property benefits from prime visibility, accessibility, and ample parking-major drivers for customer attraction. The two leased apartments generate steady income, each with separate utilities and modern systems. The available office space and convertible garage offer further income potential. The restaurant includes a liquor license, prep room, walk-in cooler, and storage, and can function as a single or dual business. There's space for a deli or quick-service lunch spot in the takeout area, with full-service dining possible in the evenings. This property offers diverse investment or owner/operator opportunities, immediate cash flow, and long-term appreciation.

Location

State CT

County Middlesex

Zoning B-2

Interior

Interior Features Fire Suppression System, Living Space Available, Public Restrooms, Window Display

Heating Hot Air

Cooling Central Air, Split System

Flooring Vinyl, Wall-to-Wall Carpet

Exterior

Exterior Feature Storage Building, Gutters, Pole Sign, Doors - under 10 ft

Parking Features Paved, Parking Lot

Utilities Available Electric, Gas, Telephone, Fire Suppression System

Roof Type Asphalt Shingle,Fiberglass Shingle

Building

Lot Description Corner Lot, Dry, Level Lot, Cleared

Story 2

Foundation Concrete

Sewer Septic

Water Public Water Connected

Listed by Joe Wren • William Raveis Real Estate

GET MORE INFORMATION

Gold Door Realty

Broker | REC.5240. MA: 424132. CT: B794694

+1(401) 343-7007

93 Elm Street Old Saybrook, CT 06475

Gold Door Realty

Key Details

Location

Interior

Exterior

Building

Go tour this home

93 Elm Street

GET MORE INFORMATION