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    123 Elm St Old Saybrook, CT 06475

    For Lease
    $1,450 /Mo ($14 SF/Yr)

    Commercial For Lease - Old Saybrook, CT

    Property size:
    1,200 SF
    Days on Market:
    25
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 123 Elm St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    1027064
    Size
    1,200 SF

    Taxes and HOA fees

    Expense value
    520
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    William Pitt Sotheby's International Realty [email protected]

    Listing agent Susan Malan (860) 767-7488

    Listing date Nov 11, 2025

    MLS# 24138061 Listing URL

    Copyright © 2025 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.

    Overview

    Updated Office Space For Lease

    This is an updated office space available for lease, featuring approximately 1,200 square feet on the second floor. The unit offers new flooring throughout and includes private restrooms. Off-street parking is available. The property is located near the center of town, providing a balance of convenience and privacy. It is suitable for professional offices, wellness services, or other commercial uses. The property is also available for sale. The zoning is B-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Donovan & Donovan Attorney Executive Real Estate Real Estate Agency Sarette Home Builders Custom Home Builder Southeastern Connecticut Medical ... Medical Center Seaside CoWork Suites Coworking Space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Old Saybrook
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.385847
    Latitude
    41.295472

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    FAQs

    What type of property is this?
    Office space - Clean, updated 1,200 SF office space for lease.
    Where is this office space located?
    The property is located at 123 Elm St Old Saybrook, CT.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Updated 1,200 sq ft office space.; - Brand-new flooring throughout.; - Private restrooms.
    (860) 767-7488
    Request Owner's contact information
    123 Elm St Old Saybrook, CT 06475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Elm St Old Saybrook, CT 06475
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