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Office Unit with Private Restrooms
For Lease
$1,700/Mo

123 Elm Street #1300, Old Saybrook, CT 06475

A first-floor workspace combines new flooring, two restrooms, and off-street parking.

Space Size1,200 SF
Days on Market171

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

Building Details

Building Size 1,200 SF
Year Built 1985
Units 16
Listing Agency: William Pitt Sotheby's Int'l
Listed By: Susan Malan · License #0801539
Source: Cappellorealty
Added: May 8 Changed: Oct 22 Last Checked: Oct 22 at 2:14PM

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

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Investment Insights

Based on property information with market context.

This 1,200-square-foot office unit occupies the first floor and has new flooring and two private restrooms. The building dates to 1985, and the space is zoned B-2.

Located at 123 Elm Street #1300 in Old Saybrook, the property offers off-street parking and sits near the town center.

Key Highlights

  • 1,200 square feet on the first floor
  • Two private restrooms
  • New flooring throughout

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 HVAC Service Storage Facility 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Old Saybrook, CT

$15.49 /SF/Yr
Avg Asking Price
$2.74–$24 /SF/Yr
Price Range
1,781 SF
Avg Space Size

This space is priced 10% above the average of $15.49 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - A first-floor workspace combines new flooring, two restrooms, and off-street parking.
Where is this office unit 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: 1,200 square feet on the first floor; Two private restrooms; New flooring throughout
More about this property
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