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Old Saybrook Retail and Medical
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196 Main St, Old Saybrook, CT 06475

Retail, medical, or bank spaces available in Old Saybrook.

Property Size3,547 SF
Lot Size5.00 Acres
Days on Market1979

Property Features for 196 Main St

General Information

Standard status Active
Size 3,547 SF
Lot size 5.00 Acres
Property subtype Retail
Listing Agency: New England Retail Properties Inc
Listed By: Matt Halprin · License #CT 0292130
Source: Crexi
Added: Apr 5, 2021 Changed: Aug 23 Last Checked: Sep 3 at 5:28AM

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 New England Retail Properties Inc

Investment Insights

Based on property information with market context.

Located at 196-210 Main Street, Old Saybrook, CT 06475, this property offers spaces for lease suitable for retail, medical, or drive-thru bank branch uses. A 1-acre pad site is available for build-to-suit or ground lease. Additionally, Unit B9 offers up to 3,547 square feet of space, which can be divided into two units of 2,422 square feet and 1,225 square feet. The property is situated in downtown Old Saybrook, an active shoreline community with strong demographics. It features excellent visibility from Main Street (Route 154) and is conveniently located 1.0 mile (3 minutes) from Interstate-95 North and South. The total lot size is approximately 5 acres, with over 250 on-site parking spaces. Current tenants include Paperback Cafe, Fiore Pizzeria, Middletown Adult Education (#1), The Dead Whale Tattoo Studio, Elegance Nails, Fantasia Consignments, SeaSalt Medical Aesthetics, AAA Insurance, AJ Noodle Bar, Achieve Wellness Chiropractic, Middletown Adult Education (#2), BAM Fitness and Rise Martial Arts. A drive-thru bank opportunity is available for the pad site in this fully leased shopping center.

Key Highlights

  • Prime location in Downtown Old Saybrook with high visibility on Main Street (Route 154).
  • Drive‑thru bank opportunity available on a 1± acre pad site (build‑to‑suit or ground lease).
  • Up to 3,547 SF of retail/medical space available (can be divided into 2,422 SF & 1,225 SF units).

Property Analytics

Current Use

Shopping centers

Suggested Use

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

996
Businesses Nearby
220k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 27% Superstores 25% Apparel 19% Dining 15%
Walmart Superstores
55,238 visits/mo 0.5 miles
Marshalls Apparel
32,092 visits/mo 0.4 miles
HomeGoods Home Improvements & Furnishings
23,701 visits/mo 0.4 miles
Five Below Shops & Services
18,923 visits/mo 0.4 miles
Burger King Dining
14,670 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail, medical, or bank spaces available in Old Saybrook.
Where is this shopping center located?
The property is located at 196 Main St Old Saybrook, CT.
What are key features of this property?
This property features: Prime location in Downtown Old Saybrook with high visibility on Main Street (Route 154).; Drive‑thru bank opportunity available on a 1± acre pad site (build‑to‑suit or ground lease).; Up to 3,547 SF of retail/medical space available (can be divided into 2,422 SF & 1,225 SF units).
(860) 729-6810 Call to check price and availability
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