Updated First-Floor Office
For Lease
$1,700/Mo
123 Elm Street, Old Saybrook, CT 06475
COMMERCIAL - Old Saybrook, CT
Space Size1,200 SF
Days on Market94
Property Features for 123 Elm Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
B-2
Lot features
Cleared
Directions
GPS friendly
Standard status
Active
Size
1,200 SF
Utilities
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Flooring type
Carpet - Full
Listing Agency:
William Pitt Sotheby's Int'l · Sotheby's International Realty
(860) 767-7488
Listed By:
Susan Malan · License #0801539
(617) 645-4392
Added: May 11
Changed: Aug 4
Last Checked: Aug 12 at 8:06AM
MLS# 24174357
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Investment Insights
Based on property information with market context.
Clean, updated office space on the first floor offering approximately 1,200 square feet. The unit includes brand-new flooring throughout and two private restrooms, supported by central air cooling. Flooring is carpet full, and the space is served by public water.
Located at 123 Elm Street in Old Saybrook, the property is positioned near the center of town while tucked away for added privacy. Off-street parking is available for tenant and client convenience.
Built in 1985, this office unit is suited for professional offices and wellness services or other commercial uses compatible with B-2 zoning. It is offered for rent, with an option for purchase also referenced through MLS #24154768.
Located at 123 Elm Street in Old Saybrook, the property is positioned near the center of town while tucked away for added privacy. Off-street parking is available for tenant and client convenience.
Built in 1985, this office unit is suited for professional offices and wellness services or other commercial uses compatible with B-2 zoning. It is offered for rent, with an option for purchase also referenced through MLS #24154768.
Key Highlights
- Approximately 1,200 square feet on the first floor
- Brand‑new flooring throughout
- 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
941
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
1,901 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 - Updated first-floor office space with two private restrooms, central air, and off-street parking in a B-2 zone.
Where is this office units located?
The property is located at 123 Elm Street 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; Two private restrooms
