Asset Sale! Real Estate! Space For Restaurant! Old Saybrook Ct!

Asking Price$1,360,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.6897

Price per Sq. Ft.Not Disclosed

93 Elm OS
93 Elm OS
93 Elm OS
93 Elm OS
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Asset Sale! Real Estate! Space For Restaurant! Old Saybrook Ct!


Asking Price$1,360,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.6897

Price per Sq. Ft.Not Disclosed

Property Description
ASSET SALE! REAL ESTATE! SPACE FOR RESTAURANT! OLD SAYBROOK CT!
VERSATILE MIXED-USE COMMERCIAL & RESIDENTIAL BUILDING - PRIME OLD SAYBROOK LOCATION Welcome to 93 Elm Street, Old Saybrook - a rare mixed-use property offering income stability, high visibility, and unmatched flexibility for both investors and owner-operators. Positioned at the entrance to the busy Stop & Shop/Walmart Plaza and directly across from a brand-new 250+ unit apartment development, this property benefits from heavy traffic flow and excellent access just off the I-95 Elm Street exit. This well-maintained building is configured for multiple uses: - Two residential apartments, fully leased, with separate utilities and brand-new Navien heating systems, delivering steady rental income. - One private office space, ideal for professional use. - Two commercial units currently combined into one turnkey restaurant, featuring a full dining room, takeout counter, prep area, commercial kitchen, liquor license, new FF , ANSUL fire suppression system, walk-in cooler, multiple sinks, and ADA-compliant restrooms. The flexible layout can easily support dine-in, cafe, deli, or a new food concept. - Garage with conversion potential plus warehouse/storage space and a partially finished basement/cellar - offering additional functionality and expansion opportunities. Outside, the property boasts a newly paved lot with 16 parking spaces, a finished patio for out door dining, and a brand-new septic system for peace of mind.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
This building contain a double sided commercial space which can be used as one space or divide into two, kitchen, prep area, takeout area, and dining room, two residential apartments, office, and a garage. This is a great space for a restaurant or owner occupied business to own a property and run their own business.
Location Description
Old Saybrook CT Center
Current and Prior Use
Currey Queen, office, and residential rented units.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
NO SF
Current Property Expenses
TBD
Listing Info
ID:
2444826
Listing Views:
39

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Property Listed by: Tyler DeVecchis/Realtor Century 21 All Points/The Lisa Cozzi Team

Listing ID: 2444826 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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