Entity Owned Property summary
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 office, a storage room, and a full bathroom with a shower. Its flexible floor plan makes it suitable for traditional office use, executive suites, coworking spaces, medical offices, or creative office environments
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 87,120 40,000 12,500 12,500 20,000 12,500 20,000 40,000 20,000 20, 000 69,700 20,00…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Old Saybrook, CTZONING 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 87,120 40,000 12,500 12,500 20,000 12,500 20,000 40,000 20,000 20, 000 69,700 20,00…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 87,120 40,000 12,500 12,500 20,000 12,500 20,000 40,000 20,000 20, 000 69,700 20,00…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Old Saybrook, CT.
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