Two-Unit Office
For Sale
$225,000
123 Elm Street, Old Saybrook, CT 06475
Commercial For Sale, Old Saybrook, CT
Property Size2,400 SF
Price / SF$93.75
Days on Market205
Property Features for 123 Elm Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-2
Bathrooms
3
Half bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Exterior features
Sidewalk,Gutters,Lighting,Pole Sign,Door Sign
Lot features
Dry, Level Lot, Cleared
Directions
GPS Friendly
Standard status
Active
Size
2,400 SF
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
276
HOA Fee
$520 Monthly
Utilities
Sewer type
Shared Septic
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
2
Flooring type
Vinyl
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: Feb 17
Changed: Sep 9
Last Checked: Sep 10 at 7:06AM
MLS# 24154768
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes two office units totaling approximately 2,400 square feet. Unit 1300 occupies the first floor, while Unit 1400 is positioned on the second floor, creating a two-level configuration for commercial occupancy. Both units feature private restrooms, new vinyl flooring, central air, and a maintained interior presentation. Exterior features include lighting, gutters, sidewalks, and pole and door signage.
The property is located at 123 Elm Street in Old Saybrook, Connecticut, near the town center. The site includes off-street parking and is served by public water and a shared septic system. Built in 1985, the property is zoned B-2. Unit 1400 is also offered for lease while the overall property is available for sale.
The property is located at 123 Elm Street in Old Saybrook, Connecticut, near the town center. The site includes off-street parking and is served by public water and a shared septic system. Built in 1985, the property is zoned B-2. Unit 1400 is also offered for lease while the overall property is available for sale.
Key Highlights
- Two office units totaling approximately 2,400 square feet
- Two‑level layout with Unit 1300 on the first floor and Unit 1400 on the second
- B‑2 zoning in Old Saybrook, CT
Property Analytics
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Current Use
Lease Details
2
Office units
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Updated office space spans two floors 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 asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two office units totaling approximately 2,400 square feet; Two‑level layout with Unit 1300 on the first floor and Unit 1400 on the second; B‑2 zoning in Old Saybrook, CT
