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4-Bay Flex Space
For Lease
$3,500/Mo NNN

87 Spencer Plain Road, Old Saybrook, CT 06475

Commercial For Lease, Old Saybrook, CT

Space Size2,400 SF
Lot Size0.71 Acres
Days on Market234

Property Features for 87 Spencer Plain Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-4
Directions GPS Friendly
Standard status Active
Size 2,400 SF
Lot size 0.71 Acres

Utilities

Water source Public

Building Details

Year built 1960
Listing Agency: Re/Max Valley Shore · RE/MAX International
Listed By: Craig Milton · License #REB.0756400
Added: Jan 12 Changed: Aug 31 Last Checked: Sep 3 at 6:06PM
MLS# 24144147

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,400-square-foot flex property, built in 1960, offers four bays, three walk-in doors, one private office, and one bathroom. The building includes a 30' x 36' hoop house and is equipped for an air compressor and welder. Public water serves the property, and the lease is structured on a triple-net basis.

The property occupies 0.71 acres in Old Saybrook, Connecticut, at 87 Spencer Plain Road. Its combination of bay space, office area, outdoor hoop-house capacity, and specialized equipment support provides a practical layout for a range of commercial and light industrial operations. The shed is excluded from the lease.

Key Highlights

  • Four bays with three walk‑in doors
  • 2,400 square feet with one private office and one bathroom
  • 30' x 36' hoop house included

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Grocery & Convenience Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby
Balanced
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

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - B-4-zoned flex space with a private office, walk-in access, and triple-net lease structure.
Where is this flex space located?
The property is located at 87 Spencer Plain Road Old Saybrook, CT.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Four bays with three walk‑in doors; 2,400 square feet with one private office and one bathroom; 30' x 36' hoop house included
More about this property
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