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Two-Story Commercial Office Units
For Sale
$225,000

123 Elm St 13 & 14, Old Saybrook, CT 06475

Two well-maintained office units totaling 2,400 SF for sale.

Property Size2,400 SF
Price / SF$93.75
Days on Market105

Property Features for 123 Elm St 13 & 14

General Information

Standard status Active
Size 2,400 SF
Property subtype Commercial

Building Details

Building Size 2,400 SF
Year Built 1985
Stories 2
Listing Agency: William Pitt Sotheby's Int'l
Listed By: Susan A. Malan · License #0801539
Source: Elliman
Added: Apr 26 Changed: Aug 8 Last Checked: Aug 8 at 3:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Pitt Sotheby's Int'l

Investment Insights

Based on property information with market context.

Two commercial office units, identified as Units 1300 and 1400, are available for sale. The units offer a combined area of approximately 2,400 square feet across two floors. Unit 1300 is located on the first floor, while Unit 1400 is on the second floor. The space is described as well-maintained, updated, and bright, with a professional atmosphere spanning both levels. Each level features new flooring and private restrooms, presenting a clean, turnkey condition. The layout is suitable for professional offices, medical or wellness services, creative studios, or various commercial applications. Located near the center of town, the property provides off-street parking and a quiet setting. The property is suitable for investors seeking income or business owners looking to secure their own space while offsetting expenses with an existing tenant. The bike score is 45, indicating it is somewhat bikeable. The walk score is 61, indicating it is somewhat walkable.

Key Highlights

  • Combined 2,400 sq ft commercial space across two floors (Units 1300 & 1400).
  • Turnkey condition** with new flooring, private restrooms, and a clean, professional feel.
  • Suitable for various commercial uses: professional offices, medical/wellness, creative studios.

Property Analytics

Current Use

Donovan & Donovan Law Firm Executive Real Estate Real Estate Agency Sarette Home Builders Construction Company Southeastern Connecticut Medical ... Medical Clinic Seaside CoWork Suites Coworking & Hybrid Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Storage Facility HVAC Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,076
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two well-maintained office units totaling 2,400 SF for sale.
Where is this office units located?
The property is located at 123 Elm St 13 & 14 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: Combined **2,400 sq ft commercial space** across two floors (Units 1300 & 1400).; Turnkey condition** with new flooring, private restrooms, and a clean, professional feel.; Suitable for various commercial uses: professional offices, medical/wellness, creative studios.
More about this property
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