First-Floor Office
For Lease
$1,700/Mo
123 Elm Street, Old Saybrook, CT 06475
Commercial For Lease, Old Saybrook, CT
Space Size1,200 SF
Days on Market118
Property Features for 123 Elm Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
B-2
Lot features
Cleared
Directions
GPS friendly
Standard status
Active
Size
1,200 SF
Utilities
Cooling system
Central Air
Water source
Public
Amenities
private restrooms
off-street parking
Building Details
Year built
1985
Flooring type
Carpet - Full
Listing Agency:
William Pitt Sotheby's Int'l · Sotheby's International Realty
(860) 767-7488
Listed By:
Susan Malan · License #0801539
(617) 645-4392
Added: May 11
Changed: Aug 30
Last Checked: Sep 5 at 12:06AM
MLS# 24174357
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Investment Insights
Based on property information with market context.
This first-floor office unit provides approximately 1,200 square feet of commercial space in a 1985-built property. The suite includes two private restrooms, central air, and access to off-street parking. Its B-2 zoning supports the stated commercial setting, while public water serves the property.
The space is positioned near the center of town while maintaining a more private setting. The property information identifies professional offices, wellness services, and other commercial uses as potential fits for the unit.
The space is positioned near the center of town while maintaining a more private setting. The property information identifies professional offices, wellness services, and other commercial uses as potential fits for the unit.
Key Highlights
- Approximately 1,200 square feet on the first floor
- Two private restrooms within the office unit
- Central air cooling
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,076
Businesses Nearby
Explore this area
Business Placement
Demographics for 06475, CT
10,481
Population
5,983
Households
1.8
Avg Household Size
55
Median Age
57%
College-Educated
97%
High-School Grad
15.1 sq mi
ZIP Area
694
Density / Sq Mi
$119,500
Median Household Income
$55,081
Median Earnings
$1,823
Median Rent
$479,100
Median Home Value
Market
Lease Benchmarks for Old Saybrook, CT
$15.25 /SF/Yr
Avg Asking Price
$2.74–$24 /SF/Yr
Price Range
1,858 SF
Avg Space Size
This space is priced 11% above the average of $15.25 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Updated commercial unit with private restrooms, central air, and off-street parking.
Where is this office units located?
The property is located at 123 Elm Street Old Saybrook, CT.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: Approximately 1,200 square feet on the first floor; Two private restrooms within the office unit; Central air cooling
