Financial
Distress signals
Property profile

162-166 Main St Old Saybrook, CT 06475

OFF-MARKET
Showrooms
Property ID
US15-0279750
17,509 SF 1.31 ac lot Built 1938
Last sale Feb 2026 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 1,500 square foot commercial space at 166 Main Street, Unit 5, in Old Saybrook, Connecticut, offers a fantastic opportunity for a variety of businesses. Located in the heart of downtown, this single-tenant space boasts a bright and open layout, perfect for adapting to diverse needs. Previously used as a yoga studio, the property features laminate flooring throughout and ample natural light. The functional design includes a large open area, a dedicated reception area, a smaller private

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$1.42M
Assessed land$459k
Assessed improvement$964k
Effective rate2.04%

Value estimate

· Sep 2026
$1.97M
$1.77M – $2.16M
Submarket $/SF estimate$1.90M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$92 – $199

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
ZONING DISTRICT A AA-1 AA-2 AA-3 AAA B B-1 B-2 B-3 B-4 C SP-1 SP-2 SP-3 MC I-1 MINIMUM LOT AREA Public Water (s.f.) 20,000 40,000 20,000 ...
General categoryCOMMERCIAL
JurisdictionOLD SAYBROOK

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.3
Locksmith8.9
Parking Facility8.6

Location

162-166 Main St Old Saybrook, CT 06475
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
295 Middlesex, Old Saybrook, CT 06475-4209 $1,050,000 May 2025 15,252 SF
3rd Ctr W, Old Saybrook, CT 06475-4053 $320,000 Oct 2024 6,300 SF
30 Channelside, Old Saybrook, CT 06475 $1,150,000 Oct 2024 7,350 SF
10 Ctr, Old Saybrook, CT 06475-4012 $365,000 Jun 2024 15,528 SF
129 Main, Old Saybrook, CT 06475-2377 $1,100,000 Apr 2024 7,912 SF
36 Main, Old Saybrook, CT 06475-7000 $1,630,000 Apr 2024 8,204 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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