Updated First-Floor Office
For Lease
$1,700/Mo
123 Elm Street #1300, Old Saybrook, CT 06475
B-2-zoned space offers private restrooms, new flooring, and off-street parking.
Space Size1,200 SF
Days on Market39
Property Features for 123 Elm Street #1300
General Information
Standard status
Active
Size
1,200 SF
Net Rentable
1,200 SF
Zoning
B-2
Space & Availability
Available Space
1,200 SF
Contiguous Space
1,200 SF
Floor
1
Space Use
Office
Amenities
private restrooms
off-street parking
Building Details
Year Built
1985
Listing Agency:
William Pitt Sotheby's Int'l
(860) 767-5011
Listed By:
Susan A Malan · License #0801539
(860) 767-5011
Source:
Capmarkrealty
Added: Jul 24
Changed: Aug 30
Last Checked: Aug 30 at 1:46PM
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.
This first-floor office unit contains approximately 1,200 square feet within a building constructed in 1985. Recent improvements include brand-new flooring throughout, while two private restrooms support day-to-day operations. The space is suited to professional office use, wellness services, and other commercial applications identified for the property.
Located at 123 Elm Street, #1300, the property sits near the center of town while offering a more secluded setting. Off-street parking is available, adding practical convenience for occupants and visitors. B-2 zoning is in place.
Located at 123 Elm Street, #1300, the property sits near the center of town while offering a more secluded setting. Off-street parking is available, adding practical convenience for occupants and visitors. B-2 zoning is in place.
Key Highlights
- Approximately 1,200 square feet on the first floor
- Brand‑new flooring throughout the office unit
- Two private restrooms
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
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
Lease Benchmarks for Old Saybrook, CT
$16.15 /SF/Yr
Avg Asking Price
$2.74–$24 /SF/Yr
Price Range
1,855 SF
Avg Space Size
This space is priced 5% above the average of $16.15 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - B-2-zoned space offers private restrooms, new flooring, and off-street parking.
Where is this office units located?
The property is located at 123 Elm Street #1300 Old Saybrook, CT.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: Approximately 1,200 square feet on the first floor; Brand‑new flooring throughout the office unit; Two private restrooms
