Updated Two-Level Office
For Sale
$139,000
123 Elm Street, Old Saybrook, CT 06475
Commercial For Sale, Old Saybrook, CT
Property Size1,200 SF
Price / SF$115.83
Days on Market291
Property Features for 123 Elm Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2
Exterior features
Sidewalk,Gutters,Lighting,Pole Sign,Door Sign
Lot features
Dry, Level Lot, Cleared
Directions
GPS Friendly
Standard status
Active
Size
1,200 SF
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
271
HOA Fee
$492 Monthly
Utilities
Sewer type
Shared Septic
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
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: Nov 11, 2025
Changed: Aug 27
Last Checked: Aug 29 at 3:06AM
MLS# 24138058
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 office unit provides approximately 1,200 square feet arranged across two levels, with a lower-level basement for storage. Recent flooring, two restrooms, central air, lighting, signage, gutters, sidewalks, and off-street parking are included. The building dates to 1985 and is served by public water and a shared septic system.
Located near the center of Old Saybrook, the property offers a setting that combines convenient town access with a more secluded environment. B-2 zoning supports its commercial positioning. Units 13 and 14 are also available separately, with all three units offering a combined total of 3,600 square feet when assembled.
Located near the center of Old Saybrook, the property offers a setting that combines convenient town access with a more secluded environment. B-2 zoning supports its commercial positioning. Units 13 and 14 are also available separately, with all three units offering a combined total of 3,600 square feet when assembled.
Key Highlights
- Approximately 1,200 square feet across two levels
- Lower‑level basement provides dedicated storage space
- Two restrooms and brand‑new flooring throughout
Property Analytics
Property Profile
Current Use
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
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - B-2 zoning, central air, and basement storage support a practical commercial layout.
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 $139,000.
What are key features of this property?
This property features: Approximately 1,200 square feet across two levels; Lower‑level basement provides dedicated storage space; Two restrooms and brand‑new flooring throughout
