For Sale
$525,000

369 Boston Post RdOld Saybrook, CT 06475

Prime location, high traffic, income potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property in Old Saybrook, CT, presents a unique owner-user opportunity. The 2,700 square foot building, constructed in 1870 and renovated in 2009, boasts 2,500 square feet of net rentable space currently at 50% occupancy, with full occupancy anticipated by August 1, 2024. The main level offers versatile commercial space ideal for a variety of businesses, featuring hardwood floors, a private customer bathroom, and multiple potential layouts to accommodate diverse needs. The property's zoning (B4) allows for a wide range of commercial uses. Adding to its appeal are two separate residential rental units on the second floor, each with a bedroom, eat-in kitchen, living room, and bathroom, providing a consistent income stream. Situated on a 0.61-acre lot, the property offers ample off-street parking with a paved driveway. Recent upgrades include a new hot water heater, new windows, and new siding, enhancing both functionality and curb appeal. The property also benefits from a highly visible location on Boston Post Road, experiencing over 12,000 vehicles daily, and features a lighted business sign for optimal marketing. This turnkey property is priced at $525,000 and offers a compelling blend of commercial space and rental income potential in a thriving Connecticut town.

Highlights

  • Prime Old Saybrook location with over 12,000 daily vehicle count.
  • Mixed-use building: owner-occupied commercial space plus two (2) rental units.
  • 2,500 square feet of commercial space with hardwood floors, a private bathroom, and flexible layout options.
  • 0.61-acre lot with ample off-street parking and a paved driveway.
  • Recent upgrades include a new hot water heater, windows, and siding.
  • Attractive curb appeal featuring landscaping and a lighted business sign.

Property Details for 369 Boston Post Rd

Property type
Retail properties, Office properties
Square Feet
2,700 SF
Year Built/Renovated
1870/2009
Buildings
1
Stories
2
Units
3

Location Insight

City
Old Saybrook
County
Middlesex
State
Connecticut
Latitude
41.305554166291
Longitude
-72.371510132493
369 Boston Post Rd, Old Saybrook, Connecticut

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369 Boston Post Rd
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