Technical
Financial
Distress signals
Property profile

118 Main St Old Saybrook, CT 06475

OFF-MARKET
Showrooms
Property ID
US15-0732167
14,139 SF 0.69 ac lot Built 1971
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a retail space totaling approximately 5,700 square feet of open retail area, with an additional 1,100 square foot rear area that can function as storage and/or a private office. The layout is an open floor plan with street-facing access; the premises are situated directly on the sidewalk and are designed for street-front visibility in the main shopping district of Old Saybrook. Parking is available immediately in front of the building and on the side. The building is fully sprinklered. The property is not located in a designated flood zone area. Its configuration supports a range of commercial uses such as retail and fitness.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,139 SF
Lot 0.69 ac (30,057 SF)
Zoning code B1
APN OSAY M:037 B:104 L:
UPID US15-0732167

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • (Bike/Boat/Book/etc) Store
  • Specialty Food Shop Wine and Liquor Store

Location

118 Main St Old Saybrook, CT 06475-2316
Old Saybrook metro Census 670200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$2.23M

Owner & transaction history

since 2021
Last sale
$1.8M
5 recorded transactions
2021
$1.8M
1998
Price N/A
1993
Price N/A
1992
$500,000
1990
Price N/A

Zoning & alternative use

B1 · Old Saybrook, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 118 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message