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    118 Main St Old Saybrook, CT 06475

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    For Lease
    $14 SF/Yr ($7,933 /Mo)

    Spacious retail space with excellent visibility and convenient parking.

    Property size:
    6,800 SF
    Lot size:
    0.71 Acres

    Property Features for 118 Main St

    General Information

    Size
    6,800 SF
    Lot size
    0.71 Acres

    Source: KNG Realty Agent Kenneth S. Ginsberg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Old Saybrook

    This retail space offers an open floor plan with 5,700 square feet of open retail area, complemented by a 1,100 square foot rear area suitable for storage or a private office. Situated directly on the sidewalk, the building provides excellent visibility in the heart of the retail center of Old Saybrook. Convenient parking is available immediately in front of the building, as well as on the side. Located in the main shopping district, the property benefits from street-front visibility. The space is fully sprinklered, potentially resulting in lower insurance rates. This is the first time this space has been offered in over 40 years. The property is not located in a flood zone area. Retail and fitness are just a few of the many possibilities for this space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Essex Golf Group Real Estate Agency Essex Golf & Sportswear Sporting Goods Store Seaside Wine & Spirits Wine Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Old Saybrook
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.3760433
    Latitude
    41.2945726

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    FAQs

    What type of property is this?
    Retail space - Spacious retail space with excellent visibility and convenient parking.
    Where is this retail space located?
    The property is located at 118 Main 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: - Prime location in the heart of Old Saybrook's retail center.; - High visibility with direct sidewalk access and ample parking directly in front and on the side of the building.; - Large 5,700 SF open retail space with an additional 1,100 SF rear area suitable for storage or a private office.
    (203) 376-6266
    Request Owner's contact information
    118 Main St Old Saybrook, CT 06475
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    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
    118 Main St Old Saybrook, CT 06475
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