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High-Visibility Retail/Office Opportunity
For Sale
$599,500

523 Boston Post Road, Old Saybrook, CT 06475

Retail or office space on busy Route 1 near I-95.

Property Size4,157 SF
Lot Size0.23 Acres
Price / SF$144.21
Days on Market419

Property Features for 523 Boston Post Road

General Information

Standard status Active
Size 4,157 SF
Lot size 0.23 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,777

Amenities

Central air
Asphalt Shingle Roof
Corner Lot
Cleared
Dry
Hot Water Heating
Level Lot
Window Unit Cooling

Building Details

Year Built 1949
Listing Agency: Samuel Lyman, Broker
Listed By: SAM LYMAN · License #REB.0793484
Source: Corcoran
Added: Jul 10, 2025 Changed: Aug 31 Last Checked: Aug 30 at 8:00PM

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 Samuel Lyman, Broker

Investment Insights

Based on property information with market context.

This 4,157 square foot, three-story building is situated on a 0.23-acre lot and zoned B-2 (General Business District). The property features oil heat and window A/C units. It offers multiple ground-floor entrances. Located on a high-visibility corner at a traffic light on busy Route 1 near Main Street, the property is directly across from a CVS and a Ford dealership. It is also approximately 0.5 miles from the I-95 on/off ramp. The location benefits from a traffic count of 21,000 vehicles per day. This property presents a retail or office opportunity in a high-traffic area with excellent visibility and accessibility, making it suitable for businesses seeking a presence on a major commercial corridor.

Key Highlights

  • High‑visibility corner location at a traffic light.
  • Located on busy Route 1 near Main Street.
  • Traffic count of 21,000 vehicles per day (ADT).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage

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

747
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or office space on busy Route 1 near I-95.
Where is this retail space located?
The property is located at 523 Boston Post Road Old Saybrook, CT.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: High‑visibility corner location at a traffic light.; Located on busy Route 1 near Main Street.; Traffic count of 21,000 vehicles per day (ADT).
More about this property
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