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Mixed-Use Commercial Property Opportunity
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Pending

369 Boston Post Rd, Old Saybrook, CT 06475

Mixed-use property near Old Saybrook center with income potential.

Property Size2,700 SF
Lot Size0.61 Acres
Days on Market750

Property Features for 369 Boston Post Rd

General Information

Standard status Pending
Size 2,700 SF
Lot size 0.61 Acres
Property subtype Mixed Use, Office, Retail
Zoning B4
Occupancy 50%
Investment Type Owner/User

Building Details

Year Built 1870
Year Renovated 2009
Buildings 1
Stories 2
Units 3
Listing Agency: McDonald Real Estate, LLC
Listed By: Terry Lynn McDonald · License #0792448
Source: Crexi
Added: Aug 13, 2024 Changed: Aug 16 Last Checked: Aug 14 at 5:58AM

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 McDonald Real Estate, LLC

Investment Insights

Based on property information with market context.

This mixed-use property offers a prime commercial location near the center of Old Saybrook, presenting a significant business opportunity. The property is situated in close proximity to doctor's offices, law offices, hair salons, and various local businesses, benefiting from a high traffic count exceeding 12,000 vehicles daily. As an owner-occupied property, it allows business owners to eliminate rent expenses and own their building in a desirable location. The property's potential uses are diverse, including a hair salon, nail studio, tattoo studio, therapist's office, healthcare office, law office, accounting firm, or real estate office. The main level of the commercial space features hardwood flooring and a private bathroom for customers, with multiple egress points that allow for dividing the first floor into separate spaces. The second level contains two separate rental units, each with one bedroom, an eat-in kitchen, a living room, and a bathroom, providing a source of cash flow. The property spans 0.61 acres and includes ample private off-street parking, a paved driveway, a newer hot water heater, newer windows, and siding. A well-maintained lawn enhances curb appeal, and an illuminated sign provides excellent visibility for your business. The building size is approximately 2700 square feet.

Key Highlights

  • Mixed‑use property offers owner occupancy for business and rental income.
  • High‑traffic location near Old Saybrook center, boasting over 12,000 daily traffic count.
  • Versatile commercial space suitable for various businesses with multiple egresses.

Property Analytics

Current Use

Hair Residence Hair Salon

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

347
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property near Old Saybrook center with income potential.
Where is this mixed-use property located?
The property is located at 369 Boston Post Rd Old Saybrook, CT.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Mixed‑use property offers owner occupancy for business and rental income.; High‑traffic location near Old Saybrook center, boasting over 12,000 daily traffic count.; Versatile commercial space suitable for various businesses with multiple egresses.
(860) 710-1645 Call to check price and availability
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