369 Boston Post Rd Old Saybrook, CT 06475

This exceptional mixed-use property in Old Saybrook, CT, presents a unique owner-user opportunity. The 2,700 square foot building, constructed in 1870 and renovated in 2009, boasts 2,500 square feet of net rentable space currently at 50% occupancy, with full occupancy anticipated by August 1, 2024. The main level offers versatile commercial space ideal for a variety of businesses, featuring hardwood floors, a private customer bathroom, and multiple potential layouts to accommodate diverse needs. The property's zoning (B4) allows for a wide range of commercial uses. Adding to its appeal are two separate residential rental units on the second floor, each with a bedroom, eat-in kitchen, living room, and bathroom, providing a consistent income stream. Situated on a 0.61-acre lot, the property offers ample off-street parking with a paved driveway. Recent upgrades include a new hot water heater, new windows, and new siding, enhancing both functionality and curb appeal. The property also benefits from a highly visible location on Boston Post Road, experiencing over 12,000 vehicles daily, and features a lighted business sign for optimal marketing. This turnkey property is priced at $525,000 and offers a compelling blend of commercial space and rental income potential in a thriving Connecticut town.