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Prime In-Town Office Space
For Lease
$2,000/Mo

251 Main Street, Old Saybrook, CT 06475

Medical or business office space in excellent location.

Space SizeContact for details
Property Size1,715 SF
Lot Size0.20 Acres
Days on Market705

Property Features for 251 Main Street

General Information

Standard status Active
Size 1,715 SF
Lot size 0.20 Acres
Property subtype Commercial

Amenities

Central air
Central Air Cooling
EPDM Synthetic Rubber Roof
Hot Air Heating

Building Details

Year Built 1974
Listing Agency: Berkshire Hathaway NE Prop.
Listed By: BOB CANCELMO · License #RES.0756931
Source: Corcoran
Added: Sep 4, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:50AM

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 Berkshire Hathaway NE Prop.

Investment Insights

Based on property information with market context.

This 1715-square-foot space is located in an excellent in-town location, directly across from Old Saybrook Town Hall and the Kate Theater, and next to the Essex Restaurant. The property is presently used as a pediatric DDS office, which it has been for over 30 years. The space includes six rooms plus a small kitchenette. There are two dental offices with chairs, one small panoramic X-Ray room, a records office, a private DDS office, and a large 240-square-foot waiting room with a private entrance away from the reception area and dental work rooms. It is suitable for a medical practice or business office.

Key Highlights

  • Excellent In‑Town location directly across from Old Saybrook Town Hall and the Kate Theater, and next to the Essex Restaurant.
  • Previously used as a pediatric DDS office for over 30 years, indicating suitability for medical or business office.
  • Includes two dental offices with chairs, a panoramic X‑Ray room, records office, and private DDS office.

Property Analytics

Current Use

Golden Horizons Elder ... Home Help Service Agency Avia Counseling Center ... Counselor Robert L. Edmonstone, ... Dental Office Sullivan Financial Group Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith HVAC Service Parking Lot & Garage 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

931
Businesses Nearby
Under-served
Demand for This Use

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

$13.8 /SF/Yr
Avg Asking Price
$3.21–$20 /SF/Yr
Price Range
4,462 SF
Avg Space Size

This space is priced 1% above the average of $13.8 /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?
Medical Office Space - Medical or business office space in excellent location.
Where is this medical office space located?
The property is located at 251 Main Street Old Saybrook, CT.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Excellent In‑Town location directly across from Old Saybrook Town Hall and the Kate Theater, and next to the Essex Restaurant.; Previously used as a pediatric DDS office for over 30 years, indicating suitability for medical or business office.; Includes two dental offices with chairs, a panoramic X‑Ray room, records office, and private DDS office.
More about this property
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