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Updated First-Floor Office Unit
For Lease
$1,700/Mo

1300-123 Elm St, Old Saybrook, CT 06475

Professional workspace with two private restrooms, new flooring, and off-street parking near the town center.

Space Size1,200 SF
Days on Market89

Property Features for 1300-123 Elm St

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Floor 1
Space Use Office

Amenities

private restrooms
Listing Agency: William Pitt Sotheby's Int'l
Listed By: Susan A. Malan · License #0801539
Source: Exprealty
Added: May 11 Changed: Aug 5 Last Checked: Aug 5 at 2:35AM

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 offers approximately 1,200 square feet of updated workspace in Old Saybrook. Recent improvements include brand-new flooring throughout, while two private restrooms support day-to-day operations. The space is presented as clean, bright, and professional, with a layout suited to office-based or wellness-oriented commercial use.

Located at 1300-123 Elm St, the property is near the center of town while providing a more private setting. Off-street parking adds practical convenience for occupants and visitors. The unit is available for lease and may accommodate professional offices, wellness services, or other commercial uses supported by the space.

Key Highlights

  • Approximately 1,200 SF of first‑floor office space
  • Brand‑new flooring throughout the unit
  • Two private restrooms

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Parking Lot & Garage Tech Support Center HVAC Service

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

250
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

Lease Benchmarks for Old Saybrook, CT

$16.48 /SF/Yr
Avg Asking Price
$2.74–$24 /SF/Yr
Price Range
2,099 SF
Avg Space Size

This space is priced 3% above the average of $16.48 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional workspace with two private restrooms, new flooring, and off-street parking near the town center.
Where is this office units located?
The property is located at 1300-123 Elm St 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 SF of first‑floor office space; Brand‑new flooring throughout the unit; Two private restrooms
More about this property
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