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Commercial Land With Existing Building
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245 Boston Post Rd, Old Saybrook, CT 06475

Existing improvements support redevelopment or owner-user plans along a Route 1 commercial corridor.

Property SizeContact for details
Days on Market144

Property Features for 245 Boston Post Rd

General Information

Standard status Active
Property subtype Retail, Land
Listing Agency: Tim McMahon
Listed By: Tim McMahon · License #CT RES.0755288
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:20PM

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 Tim McMahon

Investment Insights

Based on property information with market context.

This 0.9-acre commercial land offering includes an existing 3,711-square-foot commercial building and is positioned for redevelopment or owner-user occupancy. The property provides 218 feet of frontage on Route 1, offering direct exposure along the corridor.

Located immediately off I-95 at Exit 68, the site benefits from reported average daily traffic exceeding 12,000 vehicles. The property is situated at 245 Boston Post Road in Old Saybrook, Connecticut.

Key Highlights

  • 0.9‑acre commercial land parcel with an existing 3,711 SF commercial building
  • 218 feet of frontage on Route 1
  • Reported average daily traffic exceeding 12,000 vehicles per day

Property Analytics

Current Use

Adult Day Center Adult Day Care McDonald Sharpe & Associates Civil Engineer

Suggested Use

Top Pick HVAC Service Dental Office Electrical Service Garden Center Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
4,776 visits/mo 0.3 miles
Ocean Performance Shops & Services
395 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing improvements support redevelopment or owner-user plans along a Route 1 commercial corridor.
Where is this commercial land located?
The property is located at 245 Boston Post Rd Old Saybrook, CT.
What are key features of this property?
This property features: 0.9‑acre commercial land parcel with an existing 3,711 SF commercial building; 218 feet of frontage on Route 1; Reported average daily traffic exceeding 12,000 vehicles per day
More about this property
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