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Mixed-Use Building with Office Space
For Sale
$1,500,000

880 Boston Post Rd, Old Saybrook, CT 06475

Fully occupied ground-floor retail is paired with approximately 3,540 square feet of upper office space.

Property Size13,836 SF
Price / SF$108.41
Days on Market50

Property Features for 880 Boston Post Rd

General Information

Standard status Active
Size 13,836 SF

Building Details

Year Built 1960
Listing Agency: Roundtree Realty LLC
Listed By: Aharon Cowen · License #RES.0832571
Source: Themialeteam
Added: Jul 26 Changed: Sep 10 Last Checked: Sep 13 at 1:03PM

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 Roundtree Realty LLC

Investment Insights

Based on property information with market context.

This mixed-use building includes fully occupied ground-floor commercial space and an upper level with approximately 3,540 square feet of office space. The second floor is described as expansive and may offer the potential to be converted into two oversized three- or four-bedroom residential units, subject to zoning and municipal approvals.

The property is positioned in a desirable shoreline location in Old Saybrook Center, Connecticut. WalkScore is 40 and bikeScore is 38, indicating a more car-dependent setting.

For buyers seeking both stability and redevelopment flexibility, the current configuration provides immediate rental income from the ground-floor spaces while retaining an additional level of space that may be re-purposed through the approval process.

Key Highlights

  • Mixed‑use property built in 1960
  • Ground‑floor commercial spaces are fully occupied, providing immediate rental income
  • Upper level includes approximately 3,540 SF of office space

Property Analytics

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Current Use

Tatts All Over Tattoo & Piercing Shop The Psychic of Old Saybrook Spiritual Center Tai Massage Asian ... Alternative Medicine Practice Annabella Beauty (Lashes) Hair Salon C and L Jewelry ... (Bike/Boat/Book/etc) Store

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.

Location Intelligence

Trade Area within ½ mile

1,223
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Fully occupied ground-floor retail is paired with approximately 3,540 square feet of upper office space.
Where is this mixed-use property located?
The property is located at 880 Boston Post Rd Old Saybrook, CT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Mixed‑use property built in 1960; Ground‑floor commercial spaces are fully occupied, providing immediate rental income; Upper level includes approximately 3,540 SF of office space
More about this property
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