196 Main StOld Saybrook, CT 06475

This exceptional Old Saybrook, Connecticut retail property, located at 196-210 Main Street (Route 154), offers a diverse range of leasing opportunities. The property encompasses a 5-acre lot with over 250 on-site parking spaces, ensuring ample convenience for tenants and customers. Currently, a thriving shopping center, it features a mix of established businesses including restaurants, a day care, fitness centers, and various retail shops. Available spaces range from 1,225 square feet to a maximum of 3,547 square feet, with the potential for division of larger units. A unique opportunity exists for a drive-thru bank branch on a build-to-suit or ground lease of a separate 1-acre pad site. The property boasts excellent visibility from Main Street (Route 154), benefiting from its central location in downtown Old Saybrook, a vibrant shoreline community with strong demographics. Its proximity to Interstate-95 (1 mile, 3-minute drive) provides easy access for both local and regional clientele. The existing tenants include Paperback Cafe, Fiore Pizzeria, Middletown Adult Education (two locations), The Dead Whale Tattoo Studio, Elegance Nails, Fantasia Consignments, SeaSalt Medical Aesthetics, AAA Insurance, AJ Noodle Bar, Achieve Wellness Chiropractic, BAM Fitness, and Rise Martial Arts. This property presents a compelling investment opportunity for businesses seeking a high-traffic location within a thriving community.